Riverbridge Partners LLC Takes $541,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Riverbridge Partners LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,348 shares of the exchange traded fund’s stock, valued at approximately $541,000.

A number of other hedge funds also recently bought and sold shares of IWF. Beck Bode LLC purchased a new position in iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $202,000. Sei Investments Co. lifted its position in shares of iShares Russell 1000 Growth ETF by 6.8% in the second quarter. Sei Investments Co. now owns 36,421 shares of the exchange traded fund’s stock valued at $13,276,000 after acquiring an additional 2,316 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth approximately $200,000. Drucker Wealth 3.0 LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth approximately $389,000. Finally, Dimension Capital Management LLC raised its stake in iShares Russell 1000 Growth ETF by 2.1% in the 2nd quarter. Dimension Capital Management LLC now owns 17,032 shares of the exchange traded fund’s stock valued at $6,208,000 after purchasing an additional 353 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $417.26 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $310.51 and a fifty-two week high of $419.53. The stock’s fifty day moving average is $404.52 and its two-hundred day moving average is $381.44. The firm has a market capitalization of $110.39 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.