Oppenheimer & Co. Inc. Acquires 570,865 Shares of iShares Russell 1000 Growth ETF $IWF

Oppenheimer & Co. Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 570,865 shares of the exchange traded fund’s stock, valued at approximately $71,507,000. iShares Russell 1000 Growth ETF comprises approximately 0.8% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWF. Envestnet Asset Management Inc. boosted its stake in shares of 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 valued at $2,603,007,000 after purchasing an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 312.9% during the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after purchasing an additional 8,781,777 shares during the last quarter. Signaturefd LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $924,594,000. Stairway Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $198,042,000. Finally, Cetera Investment Advisers raised its holdings in iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after buying an additional 6,404 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $120.89 on Tuesday. The company has a 50 day simple moving average of $123.88 and a 200 day simple moving average of $119.39. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80. The firm has a market cap of $123.37 billion, a PE ratio of 33.43 and a beta of 1.16.

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.