Westfield Capital Management Co. LP Makes New $6.18 Million Investment in iShares Russell 1000 Growth ETF $IWF

Westfield Capital Management Co. LP acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 13,058 shares of the exchange traded fund’s stock, valued at approximately $6,181,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Avise Financial Cooperative Inc. bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $236,000. Vise Technologies Inc. increased its holdings in iShares Russell 1000 Growth ETF by 99.3% during the 4th quarter. Vise Technologies Inc. now owns 18,781 shares of the exchange traded fund’s stock worth $8,889,000 after purchasing an additional 9,358 shares in the last quarter. Ted Buchan & Co bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $213,000. Clarity Capital Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $480,000. Finally, Greenspring Advisors LLC increased its holdings in iShares Russell 1000 Growth ETF by 207.8% during the 4th quarter. Greenspring Advisors LLC now owns 17,394 shares of the exchange traded fund’s stock worth $8,232,000 after purchasing an additional 11,743 shares in the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 3.3%

IWF stock opened at $122.69 on Friday. The firm has a market cap of $128.14 billion, a PE ratio of 33.43 and a beta of 1.16. The business has a 50 day moving average of $118.80 and a 200-day moving average of $116.75. iShares Russell 1000 Growth ETF has a 12-month low of $100.47 and a 12-month high of $129.14.

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.