Hudson Edge Investment Partners Inc. Buys New Position in iShares Russell 1000 Growth ETF $IWF

Hudson Edge Investment Partners Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,890 shares of the exchange traded fund’s stock, valued at approximately $5,496,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC lifted its stake in iShares Russell 1000 Growth ETF by 3.3% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock valued at $32,130,000 after buying an additional 2,139 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 59.3% during the 4th quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock worth $21,874,000 after buying an additional 17,212 shares in the last quarter. AMI Asset Management Corp grew its position in shares of iShares Russell 1000 Growth ETF by 542.6% during the 4th quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after buying an additional 60,693 shares during the period. Focus Partners Wealth grew its position in shares of iShares Russell 1000 Growth ETF by 75.0% during the 3rd quarter. Focus Partners Wealth now owns 1,324,870 shares of the exchange traded fund’s stock worth $620,714,000 after buying an additional 568,001 shares during the period. Finally, Grove Bank & Trust increased its stake in shares of iShares Russell 1000 Growth ETF by 7.8% in the 4th quarter. Grove Bank & Trust now owns 33,748 shares of the exchange traded fund’s stock valued at $15,973,000 after acquiring an additional 2,430 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $121.16 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’s fifty day moving average is $122.90 and its 200 day moving average is $117.26. The company has a market capitalization of $125.59 billion, a PE ratio of 33.43 and a beta of 1.16.

About iShares Russell 1000 Growth ETF

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.