Bouvel Investment Partners LLC Invests $4.77 Million in iShares Russell 1000 Growth ETF $IWF

Bouvel Investment Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,188 shares of the exchange traded fund’s stock, valued at approximately $4,772,000. iShares Russell 1000 Growth ETF makes up about 1.5% of Bouvel Investment Partners LLC’s holdings, making the stock its 28th biggest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IWF. Concord Wealth Partners lifted its stake in iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 60.5% during the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. Bell Investment Advisors Inc bought a new stake in iShares Russell 1000 Growth ETF during the 2nd quarter worth $32,000. First Community Trust NA increased its holdings in iShares Russell 1000 Growth ETF by 525.0% in the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 105 shares in the last quarter. Finally, Compass Financial Services Inc bought a new position in iShares Russell 1000 Growth ETF in the second quarter valued at about $62,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.4%

NYSEARCA:IWF opened at $473.57 on Tuesday. The stock’s 50-day moving average is $475.00 and its 200-day moving average is $457.62. 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 market cap of $125.87 billion, a P/E ratio of 33.43 and a beta of 1.13.

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