Bleakley Financial Group LLC Has $22.69 Million Holdings in iShares Russell 1000 Growth ETF $IWF

Bleakley Financial Group LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 122.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,948 shares of the exchange traded fund’s stock after purchasing an additional 26,411 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $22,694,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $27,000. Concord Wealth Partners boosted its position in iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $30,000. Networth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $32,000. Finally, Holos Integrated Wealth LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $35,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $125.00 on Tuesday. The firm has a market cap of $130.55 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12 month low of $97.07 and a 12 month high of $126.04. The company’s 50-day moving average price is $115.62 and its two-hundred day moving average price is $116.25.

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.