8,988 Shares of iShares Russell 1000 Growth ETF $IWF Acquired by Verus Financial Partners Inc.

Verus Financial Partners Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,988 shares of the exchange traded fund’s stock, valued at approximately $1,126,000.

Other hedge funds have also bought and sold shares of the company. Arlington Trust Co LLC raised its holdings in iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock valued at $778,000 after acquiring an additional 5,456 shares in the last quarter. Brookstone Capital Management acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $6,233,000. Farmers & Merchants Investments Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $771,000. Capital Investment Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $4,986,000. Finally, Brookmont Capital Management acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $779,000. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 2.9%

IWF stock opened at $117.61 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.80. The firm has a market cap of $120.05 billion, a P/E ratio of 33.43 and a beta of 1.16. The company’s 50-day moving average price is $123.62 and its two-hundred day moving average price is $119.44.

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.