Bessemer Group Inc. Has $20.92 Million Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Bessemer Group Inc. raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 31.6% in the first quarter, Holdings Channel reports. The firm owned 49,066 shares of the exchange traded fund’s stock after acquiring an additional 11,784 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $20,923,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $27,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the first quarter valued at $28,000. Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the last quarter. Richards Merrill & Peterson Inc. increased its position in iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $119.38 on Friday. The firm has a market cap of $123.33 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14. The firm’s 50-day simple moving average is $123.27 and its 200 day simple moving average is $117.53.

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.