GenTrust LLC Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

GenTrust LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,211 shares of the exchange traded fund’s stock, valued at approximately $437,000.

Several other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE raised its position in iShares Russell 1000 Growth ETF by 1.5% in the fourth quarter. Bank of America Corp DE now owns 30,562,347 shares of the exchange traded fund’s stock worth $12,273,227,000 after purchasing an additional 456,535 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 Growth ETF by 5.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,116,045 shares of the exchange traded fund’s stock valued at $2,857,662,000 after purchasing an additional 349,222 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 3.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,383,487 shares of the exchange traded fund’s stock worth $2,161,901,000 after buying an additional 157,559 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Russell 1000 Growth ETF by 4.3% during the 4th quarter. Northern Trust Corp now owns 4,901,211 shares of the exchange traded fund’s stock worth $1,968,228,000 after buying an additional 202,927 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of iShares Russell 1000 Growth ETF by 9.8% during the 4th quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock worth $1,812,823,000 after buying an additional 402,405 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $415.44 on Thursday. The firm has a market cap of $109.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.15. The firm’s 50-day simple moving average is $388.74 and its 200-day simple moving average is $390.05. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $419.53.

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.