Highland Capital Management LLC Acquires 969 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Highland Capital Management LLC grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 76,632 shares of the exchange traded fund’s stock after purchasing an additional 969 shares during the period. iShares Russell 1000 Growth ETF makes up about 1.7% of Highland Capital Management LLC’s portfolio, making the stock its 12th biggest position. Highland Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $27,933,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IWF. Creekmur Asset Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth $33,000. Nvwm LLC grew its position in iShares Russell 1000 Growth ETF by 44.9% during the 1st quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 31 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter worth $40,000. Finally, Richardson Financial Services Inc. bought a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth $44,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded up $4.18 during midday trading on Friday, reaching $368.11. 717,338 shares of the stock were exchanged, compared to its average volume of 1,335,712. The stock has a market capitalization of $97.38 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $382.82. The company has a fifty day moving average price of $362.36 and a 200 day moving average price of $344.80.

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.