Permanent Capital Management LP Acquires Shares of 8,753 iShares Russell 1000 Growth ETF $IWF

Permanent Capital Management LP bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,753 shares of the exchange traded fund’s stock, valued at approximately $4,100,000. iShares Russell 1000 Growth ETF makes up about 0.8% of Permanent Capital Management LP’s portfolio, making the stock its 14th largest position.

Other institutional investors have also modified their holdings of the company. Concord Wealth Partners grew its stake in iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. HighMark Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 60.5% during the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares during the last quarter. Bell Investment Advisors Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth approximately $32,000. First Community Trust NA grew its position in shares of iShares Russell 1000 Growth ETF by 525.0% during the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 105 shares in the last quarter. Finally, Compass Financial Services Inc bought a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth $62,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $480.33 on Monday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00. The company has a market capitalization of $124.72 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The company’s fifty day moving average price is $475.05 and its two-hundred day moving average price is $454.79.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.