NovaPoint Capital LLC Has $5.98 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

NovaPoint Capital LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 38.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,896 shares of the exchange traded fund’s stock after purchasing an additional 4,148 shares during the period. iShares Russell 1000 Growth ETF makes up about 1.8% of NovaPoint Capital LLC’s portfolio, making the stock its 12th biggest holding. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,982,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 39,461.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,605,203 shares of the exchange traded fund’s stock valued at $1,353,321,000 after acquiring an additional 3,596,090 shares in the last quarter. Wellington Management Group LLP raised its holdings in iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after acquiring an additional 532,085 shares in the last quarter. Signaturefd LLC raised its holdings in iShares Russell 1000 Growth ETF by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,060,518 shares of the exchange traded fund’s stock valued at $773,477,000 after acquiring an additional 396,408 shares in the last quarter. Choreo LLC raised its holdings in iShares Russell 1000 Growth ETF by 34.9% in the 4th quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock valued at $272,261,000 after acquiring an additional 174,889 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $58,278,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $410.50 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The stock has a market capitalization of $108.60 billion, a PE ratio of 35.64 and a beta of 1.20. The business has a fifty day moving average price of $407.62 and a two-hundred day moving average price of $383.81.

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.