Jennison Associates LLC Has $29.86 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Jennison Associates LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,345 shares of the exchange traded fund’s stock after acquiring an additional 7,719 shares during the quarter. Jennison Associates LLC’s holdings in iShares Russell 1000 Growth ETF were worth $29,856,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IWF. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $28,000. ORG Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $31,000. Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $51,000. Finally, Sawyer & Company Inc bought a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $53,000.

iShares Russell 1000 Growth ETF Trading Up 1.3 %

Shares of IWF opened at $410.31 on Wednesday. The stock has a market capitalization of $108.55 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The firm has a fifty day simple moving average of $407.38 and a 200 day simple moving average of $383.46.

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.