StoneX Group Inc. Makes New $36.94 Million Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

StoneX Group Inc. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 91,985 shares of the exchange traded fund’s stock, valued at approximately $36,939,000. iShares Russell 1000 Growth ETF makes up about 2.4% of StoneX Group Inc.’s holdings, making the stock its 6th largest holding.

A number of other hedge funds have also recently made changes to their positions in IWF. Cardinal Point Capital Management ULC grew its position in shares of iShares Russell 1000 Growth ETF by 2.8% in the 4th quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 26 shares during the last quarter. Journey Strategic Wealth LLC raised its holdings in shares of 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 acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 2.7% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 27 shares during the period. Stonehearth Capital Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 1.4% in the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 28 shares in the last quarter. Finally, Chicago Capital LLC increased its position in iShares Russell 1000 Growth ETF by 1.0% during the 4th quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock valued at $1,111,000 after purchasing an additional 28 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $361.09 on Tuesday. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The firm has a 50-day moving average of $393.23 and a 200 day moving average of $392.64. The company has a market cap of $95.83 billion, a P/E ratio of 31.13 and a beta of 1.15.

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.