iShares Russell 1000 Growth ETF $IWF Shares Acquired by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1,497.0% in the second quarter, Holdings Channel reports. The fund owned 18,733 shares of the exchange traded fund’s stock after purchasing an additional 17,560 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares Russell 1000 Growth ETF were worth $7,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of IWF. Concord Wealth Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the second quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares during the period. HighMark Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. Bell Investment Advisors Inc acquired a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth about $32,000. First Community Trust NA raised its holdings in iShares Russell 1000 Growth ETF by 525.0% during the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 105 shares in the last quarter. Finally, Compass Financial Services Inc purchased a new position in iShares Russell 1000 Growth ETF during the second quarter worth about $62,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $478.80 on Monday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The stock has a market capitalization of $124.32 billion, a P/E ratio of 33.43 and a beta of 1.13. The business has a 50 day simple moving average of $473.21 and a 200-day simple moving average of $447.03.

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.