Freedom Investment Management Inc. Invests $346,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Freedom Investment Management Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 922 shares of the exchange traded fund’s stock, valued at approximately $346,000.

A number of other large investors also recently modified their holdings of IWF. International Assets Investment Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 39,461.1% in the third quarter. International Assets Investment Management LLC now owns 3,605,203 shares of the exchange traded fund’s stock worth $1,353,321,000 after buying an additional 3,596,090 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 3,987.1% in the 2nd quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock valued at $558,032,000 after purchasing an additional 1,493,452 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 28,897.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after purchasing an additional 455,711 shares in the last quarter. Signaturefd LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 23.8% during the 3rd quarter. Signaturefd LLC now owns 2,060,518 shares of the exchange traded fund’s stock valued at $773,477,000 after purchasing an additional 396,408 shares during the last quarter. Finally, Accredited Investors Inc. raised its position in iShares Russell 1000 Growth ETF by 157.2% in the 3rd quarter. Accredited Investors Inc. now owns 250,638 shares of the exchange traded fund’s stock worth $94,084,000 after purchasing an additional 153,176 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $398.38 on Friday. The company has a market capitalization of $105.39 billion, a P/E ratio of 35.64 and a beta of 1.20. The stock has a 50 day moving average price of $384.23 and a two-hundred day moving average price of $367.69. iShares Russell 1000 Growth ETF has a fifty-two week low of $287.27 and a fifty-two week high of $400.85.

About iShares Russell 1000 Growth ETF

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.