Traders Buy Shares of iShares Russell 1000 (IWF) on Weakness

Investors bought shares of iShares Russell 1000 (NYSEARCA:IWF) on weakness during trading hours on Wednesday. $60.81 million flowed into the stock on the tick-up and $31.56 million flowed out of the stock on the tick-down, for a money net flow of $29.25 million into the stock. Of all equities tracked, iShares Russell 1000 had the 16th highest net in-flow for the day. iShares Russell 1000 traded down ($0.67) for the day and closed at $136.06

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN lifted its position in shares of iShares Russell 1000 by 3.9% in the fourth quarter. Wells Fargo & Company MN now owns 7,013,472 shares of the exchange traded fund’s stock worth $944,574,000 after purchasing an additional 263,282 shares in the last quarter. TIAA FSB lifted its position in shares of iShares Russell 1000 by 1.8% in the fourth quarter. TIAA FSB now owns 6,266,695 shares of the exchange traded fund’s stock worth $843,998,000 after purchasing an additional 113,574 shares in the last quarter. M&T Bank Corp lifted its position in shares of iShares Russell 1000 by 2.9% in the fourth quarter. M&T Bank Corp now owns 4,455,525 shares of the exchange traded fund’s stock worth $600,058,000 after purchasing an additional 125,018 shares in the last quarter. Synovus Financial Corp lifted its position in shares of iShares Russell 1000 by 1.4% in the fourth quarter. Synovus Financial Corp now owns 2,622,181 shares of the exchange traded fund’s stock worth $353,154,000 after purchasing an additional 37,093 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares Russell 1000 by 3.5% in the fourth quarter. LPL Financial LLC now owns 2,411,916 shares of the exchange traded fund’s stock worth $324,837,000 after purchasing an additional 81,012 shares in the last quarter.

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iShares Russell 1000 Company 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.

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