Fairman Group LLC Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Fairman Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWFFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 168 shares of the exchange traded fund’s stock, valued at approximately $51,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Morgan Stanley raised its holdings in shares of iShares Russell 1000 Growth ETF by 18.7% in the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock worth $6,343,593,000 after buying an additional 3,765,550 shares during the period. International Assets Investment Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 29,857.6% in the 4th quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock worth $818,493,000 after purchasing an additional 2,690,769 shares in the last quarter. GLOBALT Investments LLC GA acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $350,964,000. Comerica Bank acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth about $161,097,000. Finally, Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after acquiring an additional 341,407 shares during the period.

iShares Russell 1000 Growth ETF Trading Down 0.0 %

Shares of NYSEARCA IWF traded down $0.08 during trading on Tuesday, reaching $366.59. 50,031 shares of the company traded hands, compared to its average volume of 1,323,223. The firm’s fifty day simple moving average is $338.76 and its 200 day simple moving average is $324.95. The stock has a market cap of $96.98 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $256.01 and a 12-month high of $368.15.

About iShares Russell 1000 Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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