Streetbeat News

IWF

iShares Russell 1000 Growth ETF

http://www.ishares.com

Industry

Asset Management

The fund generally invests at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents.

Open

392.23

Mkt cap

110B

Volume

2.3M

High

392.23

P/E Ratio

42.79

52-wk high

400.85

Low

385.89

Div yield

0.01

52-wk low

286.70

Growth ETFs saw record inflows of $12.2 billion in June, driven by strong performance in tech and AI sectors. Vanguard Growth ETF (VUG) led with $5.68 billion in inflows, followed by iShares Core S&P 500 ETF (IVV) with nearly $10 billion. Nvidia (NVDA) and Apple (AAPL) were key drivers.

Portfolio Pulse from Piero Cingari

June 25, 2024 | 9:22 pm

Growth stocks have significantly outperformed value stocks in June 2024, driven by strong performance in the technology sector and AI-related industries. The iShares Russell 1000 Growth ETF (IWF) surged by 6.5%, while the iShares Russell 1000 Value ETF (IWD) declined by 1.4%. Key drivers include the dominance of tech stocks, particularly chipmakers, and the absence of major tech companies in value ETFs.

Portfolio Pulse from Piero Cingari

June 21, 2024 | 8:06 pm

Nvidia CEO Jensen Huang predicts a $1 trillion investment in data centers for AI over the next 4-5 years. Key players like TSM, AVGO, ORCL, MSFT, and HPE are also seeing significant impacts from AI developments. Nvidia's stock has surged 204% in the last year, with ETFs like IWF and VGT offering exposure.

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 9:58 am

Spotify Technology SA (NYSE:SPOT) plans to introduce a higher-priced premium plan called 'Supremium' later this year, which will cost users at least $5 more monthly for better audio and new playlist tools. This move is expected to generate additional revenue for the company. Spotify's stock is trading higher on Tuesday, reflecting positive investor sentiment. The new tier will offer high-fidelity audio and custom playlists, competing with similar offerings from Amazon Music and Apple Music. Spotify's recent price hikes and improved margins are also highlighted.

Portfolio Pulse from Anusuya Lahiri

June 11, 2024 | 3:39 pm

Bank of America's technical analyst, Stephen Suttmeier, analyzed the performance of the iShares Russell 1000 Growth ETF (IWF) and the iShares Russell 1000 Value ETF (IWD), highlighting a significant divergence in their paths. Over the past year, growth stocks, represented by IWF, have outperformed value stocks, represented by IWD, by 20 percentage points, a gap that has widened to nearly 100 percentage points over seven years. The analysis suggests that growth stocks, with top holdings like Microsoft, Apple, and Nvidia, are likely to maintain their market leadership due to their strong performance and sector concentration. Conversely, value stocks, with top holdings like Berkshire Hathaway, JPMorgan Chase, and ExxonMobil, show a more diversified portfolio but lag in performance.

Portfolio Pulse from Piero Cingari

March 25, 2024 | 8:16 pm

Markets reacted to mixed U.S. economic data on Wednesday, initially interpreting the data as a sign of easing inflationary pressures, but later expressing concerns over potential economic deceleration. The Bureau of Economic Analysis lowered Q2 growth projections and the PCE price index, a key inflation gauge. The labor market also showed signs of a slowdown in new job additions. The U.S. dollar fell 0.5%, and Treasury yields dropped. Major ETFs with over $15 billion in AUM showing positive returns included SPDR Gold Trust (GLD), Energy Select Sector SPDR Fund (XLE), Industrials Select Sector SPDR Fund (XLI), SPDR Portfolio S&P 500 Growth (SPYG), and iShares Russell 1000 Growth ETF (IWF).

Portfolio Pulse from Piero Cingari

August 30, 2023 | 3:47 pm

Investors are awaiting the Federal Open Market Committee (FOMC) meeting’s interest rate decision, which is expected to have a significant impact on the market. The market has already priced in a 25-basis-point rate hike. A hawkish attitude from Fed Chair Jerome Powell would likely catch markets off guard, while a dovish stance might solidify existing market expectations. Five major ETFs that are likely to see significant activity in reaction to the Fed interest rate decision are Invesco DB USD Index Bullish Fund ETF (UUP), iShares 20+ Year Treasury Bond ETF (TLT), SPDR Gold Trust (GLD), iShares Russell 1000 Growth ETF (IWF), and ProShares Trust VIX Short-Term Futures ETF (VIXY).

Portfolio Pulse from Piero Cingari

July 25, 2023 | 4:20 pm

Morgan Stanley's chief U.S. equity strategist, Michael Wilson, warns of a potential sharp reversal in the stock market during the second half of 2023, with the S&P 500 Index possibly dropping 10%. This outlook is based on lower-than-expected earnings forecasts, unattractive equity risk premiums, and restrictive economic policies. However, in an alternative scenario, Wilson suggests that the equal-weighted S&P 500 and value stocks may outperform the market.

Portfolio Pulse from Piero Cingari

June 26, 2023 | 3:33 pm

The Vanguard Growth ETF (VUG) has outperformed the Vanguard Value ETF (VTV) by 29% in 2023, driven by a surge in AI and tech stocks. The growth style's recovery has erased value's 2022 outperformance, with major contributions from Apple, Microsoft, NVIDIA, Alphabet, Amazon, Tesla, and Meta Platforms.

Portfolio Pulse from Piero Cingari

June 01, 2023 | 4:57 pm

Value stocks have fallen to a seven-month low in relation to growth stocks, with AI-related rallies propelling technology equities. The ratio between iShares Russell 1000 Value ETF (IWD) and iShares Russell 1000 Growth ETF (IWF) has reached levels not seen since January 2022, indicating underperformance of value-oriented companies.

Portfolio Pulse from Piero Cingari

May 25, 2023 | 9:18 pm

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