Novem Group Buys 39 Shares of iShares Russell 1000 Growth ETF $IWF

Novem Group boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,239 shares of the exchange traded fund’s stock after purchasing an additional 39 shares during the quarter. Novem Group’s holdings in iShares Russell 1000 Growth ETF were worth $526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWF. Kingstone Capital Partners Texas LLC grew its stake in iShares Russell 1000 Growth ETF by 722,329.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after acquiring an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. raised its position in iShares Russell 1000 Growth ETF by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after acquiring an additional 68,243 shares in the last quarter. Northern Trust Corp boosted its position in iShares Russell 1000 Growth ETF by 4.3% during the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after purchasing an additional 208,598 shares in the last quarter. GAMMA Investing LLC increased its stake in iShares Russell 1000 Growth ETF by 37,046.7% during the 1st quarter. GAMMA Investing LLC now owns 3,515,933 shares of the exchange traded fund’s stock worth $1,269,568,000 after buying an additional 3,506,468 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares Russell 1000 Growth ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after buying an additional 133,621 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $464.84 on Friday. The company’s 50 day simple moving average is $448.99 and its two-hundred day simple moving average is $407.80. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $473.01. The firm has a market capitalization of $121.49 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.