Cascade Wealth Advisors Inc Invests $2.13 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Cascade Wealth Advisors Inc bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,390 shares of the exchange traded fund’s stock, valued at approximately $2,125,000. iShares Russell 1000 Growth ETF comprises approximately 1.8% of Cascade Wealth Advisors Inc’s holdings, making the stock its 17th biggest holding.

Other hedge funds also recently modified their holdings of the company. Morgan Stanley increased its position in iShares Russell 1000 Growth ETF by 18.7% during the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock worth $6,343,593,000 after acquiring an additional 3,765,550 shares during the period. UBS Group AG increased its position in iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. UBS Group AG now owns 6,102,415 shares of the exchange traded fund’s stock worth $1,850,069,000 after acquiring an additional 103,652 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 Growth ETF by 6.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after acquiring an additional 341,407 shares during the period. Northern Trust Corp increased its position in iShares Russell 1000 Growth ETF by 3.9% during the fourth quarter. Northern Trust Corp now owns 4,202,517 shares of the exchange traded fund’s stock worth $1,274,077,000 after acquiring an additional 156,995 shares during the period. Finally, Raymond James & Associates increased its position in iShares Russell 1000 Growth ETF by 0.8% during the fourth quarter. Raymond James & Associates now owns 2,883,465 shares of the exchange traded fund’s stock worth $874,180,000 after acquiring an additional 22,908 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $366.24 on Thursday. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $368.90. The firm has a market cap of $96.89 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The firm’s 50-day simple moving average is $342.69 and its 200 day simple moving average is $328.05.

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.