Berman McAleer LLC Buys Shares of 15,623 iShares Russell 1000 Growth ETF $IWF

Berman McAleer LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,623 shares of the exchange traded fund’s stock, valued at approximately $7,318,000. iShares Russell 1000 Growth ETF accounts for about 1.0% of Berman McAleer LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concord Wealth Partners boosted its position in shares of iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 59 shares in the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares in the last quarter. Bell Investment Advisors Inc acquired a new position in iShares Russell 1000 Growth ETF in the second quarter worth $32,000. Manning & Napier Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth about $47,000. Finally, Flagship Wealth Advisors LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 131.9% during the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $465.95 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The company has a market cap of $120.31 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The stock’s fifty day moving average price is $473.34 and its two-hundred day moving average price is $463.60.

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.