Marquette Asset Management LLC Purchases New Stake in iShares Russell 1000 Growth ETF $IWF

Marquette Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 469,425 shares of the exchange traded fund’s stock, valued at approximately $58,800,000. iShares Russell 1000 Growth ETF accounts for 7.7% of Marquette Asset Management LLC’s investment portfolio, making the stock its 4th largest position.

Several other institutional investors also recently bought and sold shares of IWF. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 291.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after buying an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the period. Royal Bank of Canada grew its holdings in iShares Russell 1000 Growth ETF by 16.2% during the 4th quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock worth $958,170,000 after acquiring an additional 282,106 shares in the last quarter. Focus Partners Wealth grew its holdings in iShares Russell 1000 Growth ETF by 44.1% during the 4th quarter. Focus Partners Wealth now owns 1,908,493 shares of the exchange traded fund’s stock worth $903,193,000 after acquiring an additional 583,623 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after purchasing an additional 6,404 shares during the period. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $127.91 on Friday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80. The firm has a market cap of $130.33 billion, a P/E ratio of 33.43 and a beta of 1.16. The firm has a 50-day simple moving average of $124.00 and a 200-day simple moving average of $120.99.

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.