Permanent Capital Management LP Acquires New Position in iShares Russell 1000 Growth ETF $IWF

Permanent Capital Management LP bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,753 shares of the exchange traded fund’s stock, valued at approximately $4,100,000. iShares Russell 1000 Growth ETF accounts for approximately 0.8% of Permanent Capital Management LP’s portfolio, making the stock its 14th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Endowment Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at $210,000. Partnership Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 5.4% in the 2nd quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after purchasing an additional 922 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in iShares Russell 1000 Growth ETF in the second quarter valued at about $615,000. CWM LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 6.0% during the second quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after purchasing an additional 4,735 shares in the last quarter. Finally, Americana Partners LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 377.5% during the second quarter. Americana Partners LLC now owns 55,096 shares of the exchange traded fund’s stock worth $23,393,000 after purchasing an additional 43,557 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $480.33 on Monday. The firm has a market cap of $124.72 billion, a P/E ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock has a 50-day simple moving average of $475.05 and a 200-day simple moving average of $454.79.

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.