Ehrenkranz Partners L.P. Invests $3.20 Million in iShares Russell 1000 Growth ETF $IWF

Ehrenkranz Partners L.P. purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,821 shares of the exchange traded fund’s stock, valued at approximately $3,195,000. iShares Russell 1000 Growth ETF comprises approximately 2.8% of Ehrenkranz Partners L.P.’s holdings, making the stock its 12th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Breakwater Capital Group boosted its holdings in iShares Russell 1000 Growth ETF by 3.0% in the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after purchasing an additional 1,095 shares during the last quarter. First Horizon Corp purchased a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $39,629,000. Dynasty Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $16,626,000. Bright Futures Wealth Management LLC. bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $532,000. Finally, Permanent Capital Management LP purchased a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $4,100,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $438.29 on Friday. The firm has a market capitalization of $112.73 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The business has a fifty day moving average of $459.70 and a 200 day moving average of $466.13.

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.