Edgewood Management LLC Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Edgewood Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,300 shares of the exchange traded fund’s stock, valued at approximately $5,743,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cardinal Point Capital Management ULC raised its position in iShares Russell 1000 Growth ETF by 2.8% during the 4th quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after purchasing an additional 26 shares in the last quarter. Journey Strategic Wealth LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock valued at $2,539,000 after acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 2.7% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 27 shares during the period. Stonehearth Capital Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 1.4% in the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 28 shares during the period. Finally, Chicago Capital LLC grew its holdings in iShares Russell 1000 Growth ETF by 1.0% during the 4th quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after acquiring an additional 28 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $325.67 on Friday. The firm has a 50-day simple moving average of $388.12 and a 200-day simple moving average of $392.03. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The firm has a market cap of $86.43 billion, a P/E ratio of 31.13 and a beta of 1.15.

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.