4,740 Shares of iShares Russell 1000 Growth ETF $IWF Purchased by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,740 shares of the exchange traded fund’s stock, valued at approximately $594,000.

A number of other hedge funds have also modified their holdings of the business. Woodmont Investment Counsel LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth about $1,292,000. Heritage Investors Management Corp purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $819,000. Greenleaf Trust purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $4,023,000. Verus Financial Partners Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $1,126,000. Finally, Columbia Bank boosted its stake in shares of iShares Russell 1000 Growth ETF by 6.1% during the 3rd quarter. Columbia Bank now owns 17,546 shares of the exchange traded fund’s stock worth $2,198,000 after purchasing an additional 1,008 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

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