iShares Russell 1000 Growth ETF $IWF Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 427.8% during the 1st quarter, HoldingsChannel reports. The firm owned 62,280 shares of the exchange traded fund’s stock after acquiring an additional 50,480 shares during the quarter. Renaissance Technologies LLC’s holdings in iShares Russell 1000 Growth ETF were worth $26,556,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Revolve Wealth Partners LLC grew its position in iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after acquiring an additional 153 shares in the last quarter. Bison Wealth LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after purchasing an additional 849 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 1,205 shares during the period. Finally, First Trust Advisors LP grew its holdings in iShares Russell 1000 Growth ETF by 70.3% during the 2nd quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 809 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $114.05 on Thursday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The firm has a market capitalization of $116.78 billion, a P/E ratio of 33.43 and a beta of 1.16. The company’s fifty day moving average price is $122.31 and its two-hundred day moving average price is $117.49.

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.