Bessemer Group Inc. Purchases 11,784 Shares of iShares Russell 1000 Growth ETF $IWF

Bessemer Group Inc. lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 31.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,066 shares of the exchange traded fund’s stock after buying an additional 11,784 shares during the period. Bessemer Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $20,923,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Godsey & Gibb Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $27,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter valued at approximately $28,000. Concord Wealth Partners raised its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Richards Merrill & Peterson Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $30,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 1.5%

Shares of IWF opened at $119.38 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.14. The firm has a fifty day simple moving average of $123.27 and a 200 day simple moving average of $117.53. The stock has a market capitalization of $123.33 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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.