Waldron Private Wealth LLC Acquires New Shares in iShares Russell 1000 Growth ETF $IWF

Waldron Private Wealth LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, Holdings Channel.com reports. The fund bought 2,144,919 shares of the exchange traded fund’s stock, valued at approximately $268,672,000. iShares Russell 1000 Growth ETF makes up approximately 9.3% of Waldron Private Wealth LLC’s holdings, making the stock its 4th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWF. Main Street Group LTD purchased a new position in iShares Russell 1000 Growth ETF during the first quarter valued at $64,000. GKV Capital Management Co. Inc. bought a new stake in iShares Russell 1000 Growth ETF in the 1st quarter valued at $85,000. Roxbury Financial LLC increased its holdings in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 162 shares during the last quarter. Godsey & Gibb Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth $29,000. Finally, Byrne Asset Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 177 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF traded up $1.39 during midday trading on Friday, hitting $111.75. 7,265,130 shares of the company traded hands, compared to its average volume of 7,411,153. The firm has a 50 day moving average of $122.87 and a 200-day moving average of $119.38. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The stock has a market cap of $114.24 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

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.