WMS Group LLC Makes New $2.99 Million Investment in iShares Russell 1000 Growth ETF $IWF

WMS Group LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 6,309 shares of the exchange traded fund’s stock, valued at approximately $2,986,000. iShares Russell 1000 Growth ETF accounts for 3.8% of WMS Group LLC’s holdings, making the stock its 11th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. CIBC Bancorp USA Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $452,320,000. 71 West Capital Partners acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $385,150,000. OpenArc Corporate Advisory LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter worth $376,761,000. Dynasty Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 1,752.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after acquiring an additional 622,083 shares in the last quarter. Finally, Morgan Stanley increased its holdings in iShares Russell 1000 Growth ETF by 2.2% in the 4th quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after acquiring an additional 587,889 shares in the last quarter. 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 $123.19 on Friday. The stock has a market capitalization of $128.66 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a fifty-two week low of $100.47 and a fifty-two week high of $129.14. The company has a fifty day moving average of $121.93 and a two-hundred day moving average of $117.14.

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.