iShares Russell 1000 Growth ETF $IWF Shares Newly Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, Holdings Channel reports. The fund acquired 47,579 shares of the exchange traded fund’s stock, valued at approximately $5,691,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its position 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 valued at $2,603,007,000 after purchasing an additional 15,614,625 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 312.9% during 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 bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $924,594,000. Stairway Partners LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter worth $198,042,000. Finally, D.A. Davidson & CO. purchased a new position in iShares Russell 1000 Growth ETF in the third quarter worth $188,258,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 6.4%

IWF opened at $110.36 on Friday. The stock has a market cap of $112.89 billion, a PE ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The business’s fifty day simple moving average is $123.11 and its 200 day simple moving average is $119.39.

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.