Obermeyer Wood Investment Counsel Lllp Increases Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Obermeyer Wood Investment Counsel Lllp increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,188 shares of the exchange traded fund’s stock after purchasing an additional 258 shares during the period. Obermeyer Wood Investment Counsel Lllp’s holdings in iShares Russell 1000 Growth ETF were worth $967,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWF. Tower Research Capital LLC TRC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $25,000. BluePath Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $27,000. Cranbrook Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $30,000. Planned Solutions Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $34,000. Finally, True Wealth Design LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $34,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded down $1.76 during trading on Thursday, reaching $322.48. 2,831,762 shares of the stock traded hands, compared to its average volume of 1,424,434. The business’s 50 day moving average price is $331.75 and its 200-day moving average price is $305.35. iShares Russell 1000 Growth ETF has a 52-week low of $239.23 and a 52-week high of $340.83. The firm has a market capitalization of $85.44 billion, a PE ratio of 36.72 and a beta of 1.20.

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.