Mirae Asset Global Investments Co. Ltd. Purchases 4,873 Shares of iShares Russell 1000 Growth ETF $IWF

Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.1% in the third quarter, Holdings Channel reports. The fund owned 64,792 shares of the exchange traded fund’s stock after buying an additional 4,873 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Russell 1000 Growth ETF were worth $30,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in IWF. Endowment Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $210,000. Dynasty Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $16,626,000. First Horizon Corp acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $39,629,000. Advyzon Investment Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the second quarter valued at $615,000. Finally, Permanent Capital Management LP acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $4,100,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF opened at $469.44 on Friday. The firm has a market cap of $121.21 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The firm’s 50-day simple moving average is $473.18 and its 200-day simple moving average is $463.34. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00.

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.