iShares Russell 1000 Growth ETF $IWF Shares Newly Purchased by Narwhal Capital Management

Narwhal Capital Management acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, HoldingsChannel reports. The firm acquired 125,210 shares of the exchange traded fund’s stock, valued at approximately $15,684,000. iShares Russell 1000 Growth ETF accounts for about 1.1% of Narwhal Capital Management’s portfolio, making the stock its 23rd biggest position.

A number of other institutional investors also recently bought and sold shares of the company. Csenge Advisory Group lifted its holdings in iShares Russell 1000 Growth ETF by 1.5% in the third quarter. Csenge Advisory Group now owns 10,459 shares of the exchange traded fund’s stock valued at $1,310,000 after acquiring an additional 156 shares during the last quarter. Global Wealth Management Investment Advisory Inc. increased its stake in iShares Russell 1000 Growth ETF by 28.7% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 4,775 shares of the exchange traded fund’s stock worth $598,000 after acquiring an additional 1,066 shares during the last quarter. Texas Bank & Trust Co increased its stake in iShares Russell 1000 Growth ETF by 4.0% during the third quarter. Texas Bank & Trust Co now owns 29,598 shares of the exchange traded fund’s stock worth $3,707,000 after acquiring an additional 1,135 shares during the last quarter. Gryphon Financial Partners LLC raised its position in iShares Russell 1000 Growth ETF by 3.9% in the third quarter. Gryphon Financial Partners LLC now owns 38,144 shares of the exchange traded fund’s stock valued at $4,778,000 after purchasing an additional 1,443 shares during the period. Finally, Vestor Capital LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $4,131,000. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.9%

NYSEARCA:IWF opened at $114.02 on Wednesday. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.80. The stock’s fifty day moving average is $122.54 and its two-hundred day moving average is $119.36. The company has a market capitalization of $116.68 billion, a P/E ratio of 33.43 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.