Carret Asset Management LLC Buys 14,404 Shares of iShares Russell 1000 Growth ETF $IWF

Carret Asset Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,404 shares of the exchange traded fund’s stock, valued at approximately $1,804,000.

Several other hedge funds also recently added to or reduced their stakes in IWF. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after acquiring an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 312.9% during the second 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 purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $924,594,000. Commonwealth Equity Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $780,796,000. Finally, Cetera Investment Advisers increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after acquiring an additional 6,404 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $111.75 on Monday. The company has a market cap of $114.24 billion, a P/E ratio of 33.43 and a beta of 1.17. The firm’s 50-day moving average price is $122.87 and its 200-day moving average price is $119.38. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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.