Zuckerman Investment Group LLC Purchases 605 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Zuckerman Investment Group LLC raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,087 shares of the exchange traded fund’s stock after acquiring an additional 605 shares during the period. Zuckerman Investment Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,516,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IWF. Scotia Capital Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $434,000. Waddell & Associates LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $218,000. Winslow Capital Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 135.2% in the 4th quarter. Winslow Capital Management LLC now owns 41,850 shares of the exchange traded fund’s stock worth $16,806,000 after acquiring an additional 24,057 shares in the last quarter. Advisory Services Network LLC increased its position in shares of iShares Russell 1000 Growth ETF by 13.9% during the fourth quarter. Advisory Services Network LLC now owns 16,956 shares of the exchange traded fund’s stock worth $6,809,000 after acquiring an additional 2,064 shares in the last quarter. Finally, Bernard Wealth Management Corp. bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $190,000.

iShares Russell 1000 Growth ETF Trading Up 11.6 %

Shares of iShares Russell 1000 Growth ETF stock opened at $357.66 on Thursday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $419.53. The company has a market cap of $94.92 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15. The company’s 50-day moving average price is $380.85 and its 200-day moving average price is $390.68.

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.