Pine Haven Investment Counsel Inc Makes New $813,000 Investment in iShares Russell 1000 Growth ETF $IWF

by · The Cerbat Gem

Pine Haven Investment Counsel Inc bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,735 shares of the exchange traded fund’s stock, valued at approximately $813,000.

Other hedge funds have also modified their holdings of the company. Endowment Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth $210,000. Partnership Wealth Management LLC raised its holdings in shares of 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 buying an additional 922 shares during the period. Advyzon Investment Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth about $615,000. CWM LLC lifted its stake in iShares Russell 1000 Growth ETF by 6.0% during the 2nd quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after acquiring an additional 4,735 shares in the last quarter. Finally, Permanent Capital Management LP purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $4,100,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $473.30 on Thursday. The company has a market cap of $122.89 billion, a P/E ratio of 33.43 and a beta of 1.13. The stock has a 50-day moving average of $475.33 and a two-hundred day moving average of $455.89. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00.

iShares Russell 1000 Growth ETF Profile

(Free Report)

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.

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