Osbon Capital Management LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Osbon Capital Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, Holdings Channel reports. The fund bought 19,033 shares of the exchange traded fund’s stock, valued at approximately $9,008,000. iShares Russell 1000 Growth ETF accounts for approximately 8.4% of Osbon Capital Management LLC’s portfolio, making the stock its 4th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in IWF. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $27,000. Concord Wealth Partners boosted its holdings in iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $30,000. Networth Advisors LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $32,000. Finally, Motiv8 Investments LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $35,000. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $123.19 on Friday. The firm has a 50 day moving average of $121.93 and a 200-day moving average of $117.14. iShares Russell 1000 Growth ETF has a 12-month low of $100.47 and a 12-month high of $129.14. The company has a market cap of $128.66 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.