570,865 Shares of iShares Russell 1000 Growth ETF $IWF Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 570,865 shares of the exchange traded fund’s stock, valued at approximately $71,507,000. iShares Russell 1000 Growth ETF comprises 0.8% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 18th largest position. Oppenheimer & Co. Inc. owned about 0.06% of iShares Russell 1000 Growth ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ballast Rock Private Wealth LLC raised its stake in iShares Russell 1000 Growth ETF by 6.3% during the third quarter. Ballast Rock Private Wealth LLC now owns 4,438 shares of the exchange traded fund’s stock worth $556,000 after acquiring an additional 262 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $32,641,000. Segment Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $5,278,000. Verdence Capital Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.8% during the 3rd quarter. Verdence Capital Advisors LLC now owns 27,731 shares of the exchange traded fund’s stock valued at $3,474,000 after purchasing an additional 224 shares during the last quarter. Finally, Patton Albertson Miller Group LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $486,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $120.89 on Tuesday. The company has a 50 day simple moving average of $123.88 and a 200 day simple moving average of $119.39. The stock has a market cap of $123.37 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80.

iShares Russell 1000 Growth ETF 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.