23,019 Shares in iShares Russell 1000 Growth ETF $IWF Acquired by Obermeyer Wealth Partners

Obermeyer Wealth Partners acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 23,019 shares of the exchange traded fund’s stock, valued at approximately $2,883,000.

Several other hedge funds have also recently made changes to their positions in IWF. Foster Victor Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $588,000. Sage Private Wealth Group LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 3.4% in the third quarter. Sage Private Wealth Group LLC now owns 10,486 shares of the exchange traded fund’s stock worth $1,313,000 after acquiring an additional 349 shares during the period. Hartford Financial Management Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at $784,000. White Lighthouse Investment Management Inc. increased its position in iShares Russell 1000 Growth ETF by 0.3% during the third quarter. White Lighthouse Investment Management Inc. now owns 87,581 shares of the exchange traded fund’s stock valued at $10,970,000 after acquiring an additional 292 shares during the last quarter. Finally, Arvest Investments Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at $811,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $123.54 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.80. The business’s 50-day moving average is $124.06 and its two-hundred day moving average is $122.09. The company has a market cap of $126.80 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.