Allianz Asset Management GmbH Purchases 23,650 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Allianz Asset Management GmbH increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 35.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,200 shares of the exchange traded fund’s stock after purchasing an additional 23,650 shares during the period. Allianz Asset Management GmbH’s holdings in iShares Russell 1000 Growth ETF were worth $36,223,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $27,000. Signature Resources Capital Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $28,000. Peterson Wealth Services acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $35,000. Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $51,000. Finally, Abound Wealth Management boosted its holdings in iShares Russell 1000 Growth ETF by 14,500.0% in the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 145 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 2.3 %

IWF stock opened at $404.88 on Monday. The firm has a market cap of $107.11 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The stock has a 50-day moving average price of $409.15 and a 200-day moving average price of $389.55.

About iShares Russell 1000 Growth ETF

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.