Biondo Investment Advisors LLC Purchases 174 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Biondo Investment Advisors LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,845 shares of the exchange traded fund’s stock after purchasing an additional 174 shares during the period. Biondo Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,150,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $1,367,267,000. Strategic Financial Concepts LLC lifted its holdings in iShares Russell 1000 Growth ETF by 44,227.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock valued at $263,814,000 after buying an additional 655,457 shares in the last quarter. Wellington Management Group LLP boosted its position in iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after buying an additional 532,085 shares during the period. Prudential Financial Inc. grew its stake in iShares Russell 1000 Growth ETF by 100.9% in the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock worth $333,791,000 after acquiring an additional 417,507 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 5.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock worth $2,857,662,000 after acquiring an additional 349,222 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $360.54 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The company has a market capitalization of $94.55 billion, a PE ratio of 31.83 and a beta of 1.11. The company has a 50 day moving average price of $394.14 and a 200-day moving average price of $392.18.

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.