Waldron Private Wealth LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Waldron Private Wealth LLC acquired a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,144,919 shares of the exchange traded fund’s stock, valued at approximately $268,672,000. iShares Russell 1000 Growth ETF makes up 9.3% of Waldron Private Wealth LLC’s investment portfolio, making the stock its 4th largest position. Waldron Private Wealth LLC owned 0.21% of iShares Russell 1000 Growth ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. Calamos Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth $7,124,000. Liberty Capital Management Inc. bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $818,000. Pekin Hardy Strauss Inc. bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $595,000. Kestra Advisory Services LLC raised its holdings in iShares Russell 1000 Growth ETF by 0.9% during the third quarter. Kestra Advisory Services LLC now owns 885,067 shares of the exchange traded fund’s stock valued at $110,864,000 after acquiring an additional 8,201 shares during the period. Finally, Claro Advisors Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 3.3% in the third quarter. Claro Advisors Inc. now owns 314,732 shares of the exchange traded fund’s stock valued at $39,423,000 after acquiring an additional 10,201 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded up $1.39 during trading hours on Friday, hitting $111.75. The company’s stock had a trading volume of 7,265,130 shares, compared to its average volume of 7,411,153. The company has a market cap of $114.24 billion, a PE ratio of 33.43 and a beta of 1.17. The business has a 50 day moving average price of $122.87 and a two-hundred day moving average price of $119.38. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.80.

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.