Elm Partners Management LLC Takes $3.68 Million Position in iShares Russell 1000 Growth ETF $IWF

Elm Partners Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,849 shares of the exchange traded fund’s stock, valued at approximately $3,677,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the second quarter valued at $210,000. First Horizon Corp acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $39,629,000. Dynasty Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $16,626,000. Advyzon Investment Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth about $615,000. Finally, Permanent Capital Management LP bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $4,100,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $467.48 on Tuesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The company has a 50 day simple moving average of $473.34 and a two-hundred day simple moving average of $464.29. The company has a market capitalization of $120.70 billion, a PE 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.