iShares Russell 1000 Growth ETF $IWF Shares Newly Purchased by Twele Capital Management Inc.

Twele Capital Management Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,196 shares of the exchange traded fund’s stock, valued at approximately $776,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Forvis Mazars Wealth Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $7,028,000. Salvus Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 45.5% during the 3rd quarter. Salvus Wealth Management LLC now owns 3,353 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,049 shares during the last quarter. Heffernan Advisory Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $501,000. Cooksen Wealth LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 1.5% in the 3rd quarter. Cooksen Wealth LLC now owns 209,548 shares of the exchange traded fund’s stock worth $26,803,000 after purchasing an additional 3,074 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 320.2% in the third quarter. Sax Wealth Advisors LLC now owns 82,161 shares of the exchange traded fund’s stock worth $10,291,000 after purchasing an additional 62,609 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF traded down $0.01 during midday trading on Tuesday, reaching $127.12. 8,186,356 shares of the company’s stock traded hands, compared to its average volume of 7,514,499. The company has a market cap of $129.74 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80. The stock has a 50 day moving average of $124.18 and a 200 day moving average of $121.35.

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.