3,122 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Bought by Verus Wealth Management LLC

Verus Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,122 shares of the exchange traded fund’s stock, valued at approximately $1,254,000. iShares Russell 1000 Growth ETF makes up about 1.4% of Verus Wealth Management LLC’s portfolio, making the stock its 18th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of IWF. AQR Capital Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at about $200,000. Millennium Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 100.1% in the second quarter. Millennium Management LLC now owns 31,681 shares of the exchange traded fund’s stock valued at $11,548,000 after purchasing an additional 15,845 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at about $669,000. Regal Investment Advisors LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 2.2% in the second quarter. Regal Investment Advisors LLC now owns 7,591 shares of the exchange traded fund’s stock valued at $2,767,000 after purchasing an additional 167 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at about $47,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $412.50 on Wednesday. The firm has a 50-day moving average of $406.18 and a 200-day moving average of $382.42. The company has a market cap of $109.13 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a one year low of $310.51 and a one year high of $419.53.

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.