Welch & Forbes LLC Has $1.83 Million Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Welch & Forbes LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,548 shares of the exchange traded fund’s stock after buying an additional 333 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,826,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vestmark Advisory Solutions Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $1,954,000. Freestone Capital Holdings LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 1.2% in the fourth quarter. Freestone Capital Holdings LLC now owns 57,050 shares of the exchange traded fund’s stock worth $22,910,000 after purchasing an additional 659 shares during the last quarter. Opulen Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $297,000. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $1,367,267,000. Finally, Promus Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $165,000.

iShares Russell 1000 Growth ETF Stock Up 0.4 %

Shares of iShares Russell 1000 Growth ETF stock opened at $378.85 on Friday. The company has a market cap of $98.52 billion, a PE ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53. The business has a 50 day moving average price of $404.52 and a 200-day moving average price of $391.42.

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.