iShares Russell 1000 Growth ETF $IWF Shares Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 290.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 6,832 shares of the exchange traded fund’s stock after acquiring an additional 5,082 shares during the period. Bridgewater Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,913,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $27,000. Concord Wealth Partners increased its position in iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $30,000. MBM Wealth Consultants LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $28,000. Finally, Networth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.8%

Shares of NYSEARCA IWF opened at $117.65 on Friday. The stock has a market capitalization of $121.58 billion, a PE ratio of 33.43 and a beta of 1.16. The firm has a fifty day moving average of $122.80 and a 200-day moving average of $117.56. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.14.

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.