Gemmer Asset Management LLC Boosts Position in iShares Russell 1000 Growth ETF $IWF

Gemmer Asset Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 43.3% in the second quarter, Holdings Channel reports. The fund owned 1,284 shares of the exchange traded fund’s stock after purchasing an additional 388 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $545,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the company. ACT Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 3.0% during the second quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 24 shares during the last quarter. HighMark Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the period. Creative Financial Designs Inc. ADV increased its position in iShares Russell 1000 Growth ETF by 1.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 29 shares in the last quarter. Midwest Professional Planners LTD. increased its position in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock worth $2,458,000 after buying an additional 30 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in iShares Russell 1000 Growth ETF by 0.8% in the first quarter. Laurel Wealth Advisors LLC now owns 4,015 shares of the exchange traded fund’s stock worth $1,450,000 after buying an additional 31 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 Down 0.4%

Shares of IWF opened at $469.94 on Friday. The stock has a market cap of $122.47 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. The business has a 50-day simple moving average of $452.30 and a two-hundred day simple moving average of $411.66. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week high of $473.82.

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.