Westwood Wealth Management Buys Shares of 1,867 iShares Russell 1000 Growth ETF $IWF

Westwood Wealth Management purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,867 shares of the exchange traded fund’s stock, valued at approximately $884,000.

A number of other large investors also recently modified their holdings of IWF. Breakwater Capital Group lifted its stake in iShares Russell 1000 Growth ETF by 3.0% in the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after purchasing an additional 1,095 shares in the last quarter. First Horizon Corp purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth $39,629,000. Dynasty Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at $16,626,000. Bright Futures Wealth Management LLC. bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at $532,000. Finally, Permanent Capital Management LP purchased a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $4,100,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 2.3%

Shares of NYSEARCA IWF opened at $412.81 on Friday. The stock’s 50-day simple moving average is $451.26 and its two-hundred day simple moving average is $464.98. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00. The firm has a market capitalization of $106.17 billion, a P/E ratio of 33.43 and a beta of 1.13.

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.