Oppenheimer & Co. Inc. Raises Stake in iShares Russell 1000 Growth ETF $IWF

Oppenheimer & Co. Inc. grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 40.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,569 shares of the exchange traded fund’s stock after purchasing an additional 44,506 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.0% of Oppenheimer & Co. Inc.’s investment portfolio, making the stock its 11th largest position. Oppenheimer & Co. Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $73,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $27,000. Concord Wealth Partners boosted its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $30,000. Networth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $32,000. Finally, Holos Integrated Wealth LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $35,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $119.27 on Friday. The business has a 50-day moving average price of $112.32 and a 200 day moving average price of $115.80. The company has a market capitalization of $31.15 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1-year low of $91.89 and a 1-year high of $123.25.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.