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

Obermeyer Wealth Partners lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 56.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,573 shares of the exchange traded fund’s stock after purchasing an additional 2,008 shares during the quarter. Obermeyer Wealth Partners’ holdings in iShares Russell 1000 Growth ETF were worth $2,366,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Revolve Wealth Partners LLC grew its stake in iShares Russell 1000 Growth ETF by 2.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after acquiring an additional 153 shares in the last quarter. Bison Wealth LLC grew its position in shares of iShares Russell 1000 Growth ETF by 20.5% during the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 6.3% during the 1st quarter. Principal Financial Group Inc. now owns 170,997 shares of the exchange traded fund’s stock valued at $61,745,000 after purchasing an additional 10,122 shares in the last quarter. Strategic Blueprint LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 5.6% in the first quarter. Strategic Blueprint LLC now owns 2,537 shares of the exchange traded fund’s stock worth $916,000 after purchasing an additional 134 shares during the period. Finally, HM Payson & Co. raised its position in shares of iShares Russell 1000 Growth ETF by 9.6% in the first quarter. HM Payson & Co. now owns 707 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $485.58 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $493.00. The stock has a fifty day moving average of $464.75 and a 200 day moving average of $429.43. The firm has a market capitalization of $125.72 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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.