Hudson Edge Investment Partners Inc. Makes New $5.50 Million Investment in iShares Russell 1000 Growth ETF $IWF

Hudson Edge Investment Partners Inc. bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,890 shares of the exchange traded fund’s stock, valued at approximately $5,496,000.

Other institutional investors have also recently bought and sold shares of the company. Fifth Third Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 3.3% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock worth $32,130,000 after purchasing an additional 2,139 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 59.3% during the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after purchasing an additional 17,212 shares during the period. AMI Asset Management Corp boosted its position in iShares Russell 1000 Growth ETF by 542.6% during the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after purchasing an additional 60,693 shares during the period. Focus Partners Wealth grew its stake in iShares Russell 1000 Growth ETF by 75.0% in the 3rd quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock valued at $620,714,000 after buying an additional 568,001 shares in the last quarter. Finally, Grove Bank & Trust grew its stake in iShares Russell 1000 Growth ETF by 7.8% in the 4th quarter. Grove Bank & Trust now owns 33,748 shares of the exchange traded fund’s stock valued at $15,973,000 after buying an additional 2,430 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 $121.16 on Friday. The stock has a market capitalization of $125.59 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The company’s fifty day simple moving average is $122.90 and its two-hundred day simple moving average is $117.26. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14.

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.