iShares Russell 1000 Growth ETF $IWF Shares Newly Bought by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,328 shares of the exchange traded fund’s stock, valued at approximately $667,000.

Other large investors have also added to or reduced their stakes in the company. Oppenheimer & Co. Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth approximately $71,507,000. Ballast Rock Private Wealth LLC grew its holdings in iShares Russell 1000 Growth ETF by 6.3% during the third quarter. Ballast Rock Private Wealth LLC now owns 4,438 shares of the exchange traded fund’s stock worth $556,000 after buying an additional 262 shares in the last quarter. Park Avenue Securities LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $32,641,000. Segment Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $5,278,000. Finally, Verdence Capital Advisors LLC raised its position in iShares Russell 1000 Growth ETF by 0.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 27,731 shares of the exchange traded fund’s stock valued at $3,474,000 after buying an additional 224 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.6%

NYSEARCA IWF opened at $123.01 on Thursday. The business has a fifty day simple moving average of $123.73 and a 200 day simple moving average of $119.44. 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 capitalization of $125.65 billion, a P/E 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.