Hackensack Meridian Health Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 337,000 shares of the exchange traded fund’s stock, valued at approximately $159,502,000. iShares Russell 1000 Growth ETF accounts for 14.5% of Hackensack Meridian Health Inc.’s investment portfolio, making the stock its 3rd largest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Godsey & Gibb Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Concord Wealth Partners grew its position in iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Networth Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $32,000. Finally, Holos Integrated Wealth LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Down 1.3%
Shares of IWF opened at $126.63 on Thursday. The firm has a 50-day moving average price of $118.12 and a 200 day moving average price of $116.64. The firm has a market capitalization of $132.25 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52-week low of $100.46 and a 52-week high of $129.14.
iShares Russell 1000 Growth ETF 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.
Read More
- Five stocks we like better than iShares Russell 1000 Growth ETF
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding IWF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report).
Receive News & Ratings for iShares Russell 1000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
