Federated Hermes Inc. Makes New $232,000 Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Federated Hermes Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 765 shares of the exchange traded fund’s stock, valued at approximately $232,000.

A number of other institutional investors have also recently modified their holdings of the stock. Sendero Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF by 0.3% during the fourth quarter. Sendero Wealth Management LLC now owns 9,837 shares of the exchange traded fund’s stock valued at $2,982,000 after purchasing an additional 33 shares in the last quarter. Morton Capital Management LLC CA lifted its position in shares of iShares Russell 1000 Growth ETF by 1.1% during the 3rd quarter. Morton Capital Management LLC CA now owns 3,126 shares of the exchange traded fund’s stock worth $831,000 after buying an additional 34 shares during the last quarter. Beacon Capital Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 1.8% in the fourth quarter. Beacon Capital Management LLC now owns 1,974 shares of the exchange traded fund’s stock valued at $598,000 after buying an additional 34 shares in the last quarter. Morton Brown Family Wealth LLC grew its position in iShares Russell 1000 Growth ETF by 5.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 709 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 34 shares during the last quarter. Finally, Stonehearth Capital Management LLC grew its position in iShares Russell 1000 Growth ETF by 2.0% in the fourth quarter. Stonehearth Capital Management LLC now owns 1,787 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 35 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Up 1.8 %

IWF stock opened at $331.50 on Monday. The firm has a 50-day moving average price of $331.11 and a 200-day moving average price of $310.03. iShares Russell 1000 Growth ETF has a 12 month low of $241.41 and a 12 month high of $340.83. The stock has a market capitalization of $87.70 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.