iShares Russell 1000 Growth ETF $IWF Shares Newly Acquired by Narwhal Capital Management

Narwhal Capital Management bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 125,210 shares of the exchange traded fund’s stock, valued at approximately $15,684,000. iShares Russell 1000 Growth ETF accounts for about 1.1% of Narwhal Capital Management’s portfolio, making the stock its 23rd largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Csenge Advisory Group raised its stake in shares of iShares Russell 1000 Growth ETF by 1.5% during the 3rd quarter. Csenge Advisory Group now owns 10,459 shares of the exchange traded fund’s stock worth $1,310,000 after buying an additional 156 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 28.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 4,775 shares of the exchange traded fund’s stock valued at $598,000 after buying an additional 1,066 shares in the last quarter. Texas Bank & Trust Co grew its stake in iShares Russell 1000 Growth ETF by 4.0% in the 3rd quarter. Texas Bank & Trust Co now owns 29,598 shares of the exchange traded fund’s stock valued at $3,707,000 after acquiring an additional 1,135 shares during the period. Gryphon Financial Partners LLC grew its stake in iShares Russell 1000 Growth ETF by 3.9% in the 3rd quarter. Gryphon Financial Partners LLC now owns 38,144 shares of the exchange traded fund’s stock valued at $4,778,000 after acquiring an additional 1,443 shares during the period. Finally, Vestor Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $4,131,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $114.02 on Wednesday. The firm has a market cap of $116.68 billion, a PE ratio of 33.43 and a beta of 1.17. The firm has a fifty day moving average of $122.54 and a 200 day moving average of $119.36. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80.

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.