Strategy Asset Managers LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Strategy Asset Managers LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,676 shares of the exchange traded fund’s stock, valued at approximately $711,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Meridian Investment Counsel Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at about $316,000. Godsey & Gibb Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter worth about $29,000. Columbus Macro LLC boosted its holdings in iShares Russell 1000 Growth ETF by 3.8% in the third quarter. Columbus Macro LLC now owns 38,750 shares of the exchange traded fund’s stock worth $4,854,000 after acquiring an additional 1,421 shares in the last quarter. Adirondack Trust Co. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $5,868,000. Finally, Navigate Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 48.0% during the third quarter. Navigate Wealth Management LLC now owns 4,220 shares of the exchange traded fund’s stock worth $540,000 after acquiring an additional 1,368 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 2.2%

IWF opened at $124.27 on Thursday. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The company has a market cap of $126.83 billion, a P/E ratio of 33.43 and a beta of 1.16. The firm’s 50-day moving average price is $124.18 and its 200-day moving average price is $121.48.

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.