iShares Russell 1000 Growth ETF $IWF Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 646,089 shares of the exchange traded fund’s stock after purchasing an additional 26,199 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.24% of iShares Russell 1000 Growth ETF worth $233,296,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sax Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 12.3% in the first quarter. Sax Wealth Advisors LLC now owns 12,863 shares of the exchange traded fund’s stock valued at $4,645,000 after purchasing an additional 1,409 shares during the last quarter. Strategies Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 76.2% during the first quarter. Strategies Wealth Advisors LLC now owns 3,838 shares of the exchange traded fund’s stock worth $1,386,000 after acquiring an additional 1,660 shares during the last quarter. Gitterman Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF by 21.9% during the first quarter. Gitterman Wealth Management LLC now owns 2,111 shares of the exchange traded fund’s stock worth $762,000 after acquiring an additional 379 shares during the last quarter. RPG Investment Advisory LLC increased its stake in iShares Russell 1000 Growth ETF by 92.6% during the first quarter. RPG Investment Advisory LLC now owns 2,778 shares of the exchange traded fund’s stock worth $1,003,000 after acquiring an additional 1,336 shares during the last quarter. Finally, Chicago Wealth Management Inc. increased its stake in iShares Russell 1000 Growth ETF by 2.4% during the first quarter. Chicago Wealth Management Inc. now owns 22,889 shares of the exchange traded fund’s stock worth $8,265,000 after acquiring an additional 538 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 1.6%

IWF stock opened at $445.26 on Friday. The business has a fifty day moving average of $431.48 and a two-hundred day moving average of $397.99. The stock has a market cap of $116.37 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $452.81.

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.