Vestmark Advisory Solutions Inc. Purchases New Position in iShares Russell 1000 Growth ETF $IWF

Vestmark Advisory Solutions Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,218 shares of the exchange traded fund’s stock, valued at approximately $5,187,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Endowment Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $210,000. PGIM Custom Harvest LLC raised its position in iShares Russell 1000 Growth ETF by 27.3% in the 1st quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after purchasing an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 5.4% in the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock worth $7,667,000 after purchasing an additional 922 shares in the last quarter. Obermeyer Wealth Partners grew its holdings in shares of iShares Russell 1000 Growth ETF by 27.0% during the first quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock worth $1,287,000 after purchasing an additional 759 shares during the last quarter. Finally, CWM LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 6.0% in the second quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock valued at $35,608,000 after buying an additional 4,735 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.2%

Shares of NYSEARCA IWF opened at $471.43 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The firm’s 50-day simple moving average is $467.84 and its 200 day simple moving average is $433.02. The company has a market cap of $122.41 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

iShares Russell 1000 Growth ETF 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.