iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Bought by NewEdge Wealth LLC

NewEdge Wealth LLC increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 124,024 shares of the exchange traded fund’s stock after acquiring an additional 8,483 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 0.9% of NewEdge Wealth LLC’s holdings, making the stock its 22nd largest holding. NewEdge Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $49,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of IWF. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $27,000. Signature Resources Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $28,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $35,000. Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $51,000. Finally, Abound Wealth Management increased its position in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 145 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 0.4 %

Shares of NYSEARCA:IWF opened at $398.17 on Thursday. The company has a market capitalization of $103.54 billion, a P/E ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The stock’s fifty day simple moving average is $408.28 and its 200-day simple moving average is $390.37.

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.