Greatmark Investment Partners Inc. Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Greatmark Investment Partners Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,968 shares of the exchange traded fund’s stock, valued at approximately $1,624,000.

A number of other hedge funds also recently made changes to their positions in IWF. Envestnet Asset Management Inc. grew its stake in shares of iShares Russell 1000 Growth ETF by 291.9% in 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 position in shares of iShares Russell 1000 Growth ETF by 312.9% during 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 purchasing an additional 8,781,777 shares during the last quarter. Signaturefd LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth $924,594,000. Choreo LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 2.7% during the third quarter. Choreo LLC now owns 2,601,713 shares of the exchange traded fund’s stock worth $325,891,000 after purchasing an additional 67,390 shares during the last quarter. Finally, Stairway Partners LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $198,042,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 2.9%

Shares of IWF opened at $117.61 on Friday. The firm has a fifty day moving average price of $123.62 and a 200-day moving average price of $119.44. The firm has a market capitalization of $120.14 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80.

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.