Obermeyer Wealth Partners Increases Position in iShares Russell 1000 Growth ETF $IWF

Obermeyer Wealth Partners boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 56.3% during the second quarter, Holdings Channel reports. The fund owned 5,573 shares of the exchange traded fund’s stock after acquiring an additional 2,008 shares during the period. Obermeyer Wealth Partners’ holdings in iShares Russell 1000 Growth ETF were worth $2,366,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. ACT Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the 2nd quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 24 shares during the last quarter. Telos Capital Management Inc. boosted its stake in iShares Russell 1000 Growth ETF by 1.3% in the second quarter. Telos Capital Management Inc. now owns 1,924 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 25 shares in the last quarter. HighMark Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 1.5% during the second quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $782,000 after acquiring an additional 27 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its position in iShares Russell 1000 Growth ETF by 1.5% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,858 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $485.58 on Monday. The firm has a market cap of $125.72 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The firm has a 50 day moving average price of $464.75 and a 200-day moving average price of $429.43.

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.