DSM Capital Partners LLC Has $13.74 Million Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

DSM Capital Partners LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6,330.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,211 shares of the exchange traded fund’s stock after purchasing an additional 33,679 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 0.2% of DSM Capital Partners LLC’s investment portfolio, making the stock its 26th biggest position. DSM Capital Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,738,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Smith Salley Wealth Management raised its stake in iShares Russell 1000 Growth ETF by 14.3% during the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after acquiring an additional 407 shares in the last quarter. Affiance Financial LLC increased its position in iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after purchasing an additional 1,322 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in iShares Russell 1000 Growth ETF by 0.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after purchasing an additional 111 shares during the last quarter. Clientfirst Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $11,350,000. Finally, Realta Investment Advisors bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $1,095,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $416.33 on Wednesday. The company has a 50 day simple moving average of $409.30 and a 200 day simple moving average of $387.90. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The firm has a market cap of $110.14 billion, a PE ratio of 35.64 and a beta of 1.20.

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.