McElhenny Sheffield Capital Management LLC Invests $121,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

McElhenny Sheffield Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 564 shares of the exchange traded fund’s stock, valued at approximately $121,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Alliancebernstein L.P. boosted its position in iShares Russell 1000 Growth ETF by 1,242.7% during the third quarter. Alliancebernstein L.P. now owns 2,894,163 shares of the exchange traded fund’s stock valued at $608,932,000 after purchasing an additional 2,678,614 shares during the last quarter. Nuveen Asset Management LLC boosted its position in iShares Russell 1000 Growth ETF by 121.3% during the third quarter. Nuveen Asset Management LLC now owns 2,327,138 shares of the exchange traded fund’s stock valued at $489,630,000 after purchasing an additional 1,275,425 shares during the last quarter. M&T Bank Corp boosted its position in iShares Russell 1000 Growth ETF by 17.2% during the third quarter. M&T Bank Corp now owns 2,333,846 shares of the exchange traded fund’s stock valued at $491,035,000 after purchasing an additional 343,345 shares during the last quarter. Prudential Financial Inc. boosted its position in iShares Russell 1000 Growth ETF by 34.7% during the second quarter. Prudential Financial Inc. now owns 1,097,618 shares of the exchange traded fund’s stock valued at $243,079,000 after purchasing an additional 282,870 shares during the last quarter. Finally, Raymond James & Associates boosted its position in iShares Russell 1000 Growth ETF by 10.4% during the third quarter. Raymond James & Associates now owns 3,002,515 shares of the exchange traded fund’s stock valued at $631,734,000 after purchasing an additional 281,737 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $233.31 on Friday. The stock has a 50 day moving average price of $230.43 and a 200 day moving average price of $224.61. iShares Russell 1000 Growth ETF has a 52 week low of $202.05 and a 52 week high of $285.76. The stock has a market capitalization of $59.86 billion, a PE ratio of 26.14 and a beta of 1.07.

iShares Russell 1000 Growth ETF Profile

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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.