iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is Saxon Interests Inc.’s 2nd Largest Position

Saxon Interests Inc. reduced its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 21,880 shares of the exchange traded fund’s stock after selling 131 shares during the period. iShares Russell 1000 Growth ETF makes up 3.5% of Saxon Interests Inc.’s investment portfolio, making the stock its 2nd largest position. Saxon Interests Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $7,375,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. grew its stake in iShares Russell 1000 Growth ETF by 5.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 19,485 shares of the exchange traded fund’s stock worth $5,907,000 after buying an additional 980 shares during the last quarter. Three Bridge Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Three Bridge Wealth Advisors LLC now owns 16,950 shares of the exchange traded fund’s stock worth $5,139,000 after acquiring an additional 185 shares during the last quarter. Signaturefd LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 5.3% in the 4th quarter. Signaturefd LLC now owns 1,599,618 shares of the exchange traded fund’s stock valued at $484,956,000 after acquiring an additional 80,667 shares during the period. Savvy Advisors Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $814,000. Finally, Logan Capital Management Inc. boosted its stake in iShares Russell 1000 Growth ETF by 234.7% during the 4th quarter. Logan Capital Management Inc. now owns 15,467 shares of the exchange traded fund’s stock worth $4,689,000 after purchasing an additional 10,846 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock traded up $3.04 during midday trading on Tuesday, hitting $370.97. 965,146 shares of the company’s stock were exchanged, compared to its average volume of 1,343,550. The stock has a market cap of $98.14 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $256.01 and a 12-month high of $370.98. The firm’s 50 day simple moving average is $346.37 and its 200 day simple moving average is $329.99.

iShares Russell 1000 Growth ETF Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.