Aldebaran Financial Inc. Acquires New Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Aldebaran Financial Inc. bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 694 shares of the exchange traded fund’s stock, valued at approximately $253,000.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 Growth ETF by 0.9% in the first quarter. JPMorgan Chase & Co. now owns 7,847,670 shares of the exchange traded fund’s stock worth $2,645,057,000 after acquiring an additional 66,923 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after purchasing an additional 341,407 shares during the period. Northern Trust Corp raised its position in iShares Russell 1000 Growth ETF by 3.9% in the 4th quarter. Northern Trust Corp now owns 4,202,517 shares of the exchange traded fund’s stock valued at $1,274,077,000 after purchasing an additional 156,995 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the 2nd quarter. LPL Financial LLC now owns 2,924,993 shares of the exchange traded fund’s stock valued at $1,066,189,000 after buying an additional 60,668 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of iShares Russell 1000 Growth ETF by 4.0% during the second quarter. Commonwealth Equity Services LLC now owns 2,216,427 shares of the exchange traded fund’s stock worth $807,910,000 after buying an additional 84,663 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $375.38 on Tuesday. The company’s 50 day moving average price is $359.55 and its 200 day moving average price is $351.27. The firm has a market capitalization of $99.31 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82.

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.