Allianz Asset Management GmbH Increases Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Allianz Asset Management GmbH lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 35.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 90,200 shares of the exchange traded fund’s stock after buying an additional 23,650 shares during the period. Allianz Asset Management GmbH’s holdings in iShares Russell 1000 Growth ETF were worth $36,223,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Signature Resources Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter valued at $28,000. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth $27,000. Peterson Wealth Services bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $35,000. Capital Performance Advisors LLP purchased a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $51,000. Finally, Abound Wealth Management grew its stake in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 145 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $404.88 on Monday. The stock’s 50 day simple moving average is $409.15 and its two-hundred day simple moving average is $389.55. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The company has a market cap of $107.11 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.