Oppenheimer Asset Management Inc. Buys 57,687 Shares of iShares Russell 1000 Growth ETF $IWF

Oppenheimer Asset Management Inc. increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 247.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,995 shares of the exchange traded fund’s stock after buying an additional 57,687 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $38,335,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in iShares Russell 1000 Growth ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 7,425,658 shares of the exchange traded fund’s stock valued at $3,478,253,000 after buying an additional 209,315 shares during the last quarter. Northern Trust Corp raised its stake in iShares Russell 1000 Growth ETF by 8.1% during the third quarter. Northern Trust Corp now owns 5,458,872 shares of the exchange traded fund’s stock valued at $2,556,990,000 after buying an additional 409,416 shares during the last quarter. Focus Partners Wealth raised its stake in iShares Russell 1000 Growth ETF by 75.0% during the third quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock valued at $620,714,000 after buying an additional 568,001 shares during the last quarter. HighTower Advisors LLC raised its stake in iShares Russell 1000 Growth ETF by 10.3% during the third quarter. HighTower Advisors LLC now owns 1,290,494 shares of the exchange traded fund’s stock valued at $604,498,000 after buying an additional 120,069 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in iShares Russell 1000 Growth ETF by 1.0% during the third quarter. Bank of New York Mellon Corp now owns 1,225,855 shares of the exchange traded fund’s stock valued at $574,203,000 after buying an additional 12,342 shares during the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.4%

Shares of NYSEARCA:IWF opened at $119.27 on Friday. The stock has a fifty day simple moving average of $112.32 and a two-hundred day simple moving average of $115.80. iShares Russell 1000 Growth ETF has a 12-month low of $91.89 and a 12-month high of $123.25. The stock has a market capitalization of $31.15 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

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.