Goelzer Investment Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,394 shares of the exchange traded fund’s stock, valued at approximately $2,930,000.
Several other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Growth ETF by 291.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after buying an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after purchasing an additional 8,781,777 shares during the last quarter. Stairway Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $198,042,000. Cetera Investment Advisers increased its stake in shares of iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after acquiring an additional 6,404 shares during the last quarter. Finally, Waverly Advisors LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 585.1% during the 2nd quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after acquiring an additional 1,189,910 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Stock Down 2.2%
IWF stock opened at $121.48 on Friday. The company has a market cap of $123.84 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business has a fifty day simple moving average of $124.14 and a 200-day simple moving average of $121.63. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80.
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.
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