Berman McAleer LLC Takes Position in iShares Russell 1000 Growth ETF $IWF

Berman McAleer LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, Holdings Channel.com reports. The fund bought 15,623 shares of the exchange traded fund’s stock, valued at approximately $7,318,000. iShares Russell 1000 Growth ETF accounts for approximately 1.0% of Berman McAleer LLC’s holdings, making the stock its 22nd largest position.

Several other large investors also recently modified their holdings of IWF. Concord Wealth Partners increased its stake in iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. HighMark Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 60.5% during the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares during the last quarter. Bell Investment Advisors Inc bought a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $47,000. Finally, Flagship Wealth Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 131.9% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 62 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $465.95 on Friday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market cap of $120.31 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a 50-day moving average of $473.34 and a 200-day moving average of $463.60.

iShares Russell 1000 Growth ETF 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.