JPL Wealth Management LLC Buys New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

JPL Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,579 shares of the exchange traded fund’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Smith Salley Wealth Management raised its holdings in shares of 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 valued at $1,307,000 after acquiring an additional 407 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after acquiring an additional 111 shares in the last quarter. Affiance Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 4.6% during the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after acquiring an additional 1,322 shares in the last quarter. Clientfirst Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $11,350,000. Finally, Realta Investment Advisors purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $1,095,000.

iShares Russell 1000 Growth ETF Stock Up 1.4 %

Shares of IWF stock opened at $367.92 on Thursday. The stock has a market cap of $95.68 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The business’s fifty day moving average is $402.25 and its 200 day moving average is $391.54. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53.

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.