15,582 Shares in iShares Russell 1000 Growth ETF $IWF Purchased by Palisade Asset Management LLC

Palisade Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,582 shares of the exchange traded fund’s stock, valued at approximately $1,952,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after buying an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 312.9% in the 2nd quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the last quarter. Signaturefd LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $924,594,000. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $780,796,000. Finally, Waldron Private Wealth LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $268,672,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 1.3%

Shares of IWF stock opened at $111.75 on Friday. The company’s 50-day moving average price is $122.87 and its 200-day moving average price is $119.38. The stock has a market cap of $114.24 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month 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.