ZWJ Investment Counsel Inc. Makes New $2.11 Million Investment in iShares Russell 1000 Growth ETF $IWF

ZWJ Investment Counsel Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) during the 3rd quarter, Holdings Channel reports. The firm purchased 16,812 shares of the exchange traded fund’s stock, valued at approximately $2,106,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mather Group LLC. bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $22,009,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $14,448,000. Strategy Asset Managers LLC bought a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $711,000. Meridian Investment Counsel Inc. bought a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $316,000. Finally, Godsey & Gibb Inc. bought a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $29,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Down 2.2%

NYSEARCA:IWF opened at $124.27 on Thursday. The firm has a market capitalization of $126.83 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The stock’s 50 day moving average price is $124.18 and its two-hundred day moving average price is $121.48.

iShares Russell 1000 Growth ETF Profile

(Free Report)

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.

See Also

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).

Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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