BluePointe Capital Management LLC Buys 3,259 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

BluePointe Capital Management LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 26,254 shares of the exchange traded fund’s stock after buying an additional 3,259 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 6.0% of BluePointe Capital Management LLC’s portfolio, making the stock its 3rd largest position. BluePointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,543,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IWF. Cardinal Point Capital Management ULC lifted its position in iShares Russell 1000 Growth ETF by 2.8% during the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 26 shares in the last quarter. Journey Strategic Wealth LLC lifted its position in iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock valued at $2,539,000 after buying an additional 26 shares in the last quarter. Chemistry Wealth Management LLC lifted its position in iShares Russell 1000 Growth ETF by 2.7% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 27 shares in the last quarter. Stonehearth Capital Management LLC lifted its position in iShares Russell 1000 Growth ETF by 1.4% during the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 28 shares in the last quarter. Finally, Chicago Capital LLC lifted its position in iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock valued at $1,111,000 after buying an additional 28 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.5 %

Shares of IWF stock opened at $369.04 on Thursday. The stock has a market cap of $96.78 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The firm’s 50 day moving average price is $398.33 and its two-hundred day moving average price is $391.61.

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.