Berkshire Money Management Inc. Has $46.99 Million Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Berkshire Money Management Inc. lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 128,924 shares of the exchange traded fund’s stock after selling 2,443 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 5.7% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 7th biggest position. Berkshire Money Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $46,994,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWF. GLOBALT Investments LLC GA bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $350,964,000. Cetera Investment Advisers boosted its position in shares of iShares Russell 1000 Growth ETF by 409.6% in the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock valued at $442,343,000 after acquiring an additional 1,054,881 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 6.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after acquiring an additional 341,407 shares during the period. Wellington Management Group LLP lifted its position in iShares Russell 1000 Growth ETF by 1,332.3% during the fourth quarter. Wellington Management Group LLP now owns 302,036 shares of the exchange traded fund’s stock worth $91,568,000 after purchasing an additional 280,948 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in iShares Russell 1000 Growth ETF during the first quarter worth about $73,003,000.

iShares Russell 1000 Growth ETF Trading Up 0.1 %

iShares Russell 1000 Growth ETF stock traded up $0.47 during trading hours on Friday, reaching $363.69. 1,009,769 shares of the stock were exchanged, compared to its average volume of 1,352,365. The company has a market cap of $96.21 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a twelve month low of $256.01 and a twelve month high of $382.82. The stock has a 50 day moving average of $361.47 and a two-hundred day moving average of $342.93.

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.