Norris Perne & French LLP MI Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Norris Perne & French LLP MI bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, Holdings Channel reports. The institutional investor bought 9,040 shares of the exchange traded fund’s stock, valued at approximately $1,132,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWF. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 291.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after purchasing an additional 15,614,625 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 312.9% during the 2nd quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after buying an additional 8,781,777 shares during the last quarter. Signaturefd LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $924,594,000. Cetera Investment Advisers lifted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after buying an additional 6,404 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of iShares Russell 1000 Growth ETF by 153.2% in the 1st quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock valued at $419,544,000 after buying an additional 595,395 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $119.61 on Friday. The business has a 50 day simple moving average of $123.84 and a 200 day simple moving average of $122.16. 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 $122.59 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.