iShares Russell 1000 Growth ETF $IWF Shares Newly Purchased by Obermeyer Wealth Partners

Obermeyer Wealth Partners purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 23,019 shares of the exchange traded fund’s stock, valued at approximately $2,883,000.

A number of other hedge funds have also recently modified their holdings of IWF. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Growth ETF by 291.9% during the 2nd 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. grew its position in shares of iShares Russell 1000 Growth ETF by 312.9% in 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 buying an additional 8,781,777 shares during the period. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $198,042,000. Cetera Investment Advisers increased its position in iShares Russell 1000 Growth ETF by 0.4% during 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 in the last quarter. Finally, Waverly Advisors LLC raised its position in shares of iShares Russell 1000 Growth ETF by 585.1% in the 2nd quarter. Waverly Advisors LLC now owns 1,393,291 shares of the exchange traded fund’s stock worth $173,005,000 after purchasing an additional 1,189,910 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $123.54 on Thursday. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80. The firm’s 50 day moving average price is $124.06 and its 200-day moving average price is $122.09. The company has a market cap of $126.80 billion, a PE ratio of 33.43 and a beta of 1.16.

iShares Russell 1000 Growth ETF Company 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.