Wetzel Investment Advisors Inc. Takes $6.21 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Wetzel Investment Advisors Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 20,483 shares of the exchange traded fund’s stock, valued at approximately $6,210,000. iShares Russell 1000 Growth ETF comprises about 3.8% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 4th biggest position.

A number of other hedge funds have also recently modified their holdings of the business. Moneta Group Investment Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 145,777.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 223,496,182 shares of the exchange traded fund’s stock valued at $47,881,822,000 after purchasing an additional 223,342,974 shares during the period. Pathstone Family Office LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 7,295.0% in the third quarter. Pathstone Family Office LLC now owns 5,713,590 shares of the exchange traded fund’s stock valued at $1,519,758,000 after purchasing an additional 5,636,327 shares during the period. Morgan Stanley boosted its holdings in shares of iShares Russell 1000 Growth ETF by 18.7% in the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock valued at $6,343,593,000 after purchasing an additional 3,765,550 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 29,857.6% in the fourth quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock valued at $818,493,000 after purchasing an additional 2,690,769 shares during the period. Finally, TIAA Trust National Association purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $613,391,000.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock traded down $6.33 during mid-day trading on Friday, reaching $316.15. 2,831,155 shares of the company were exchanged, compared to its average volume of 1,442,943. The business has a fifty day moving average of $331.41 and a 200 day moving average of $305.80. The firm has a market cap of $83.76 billion, a P/E ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12-month low of $239.23 and a 12-month high of $340.83.

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.