J.Safra Asset Management Corp Boosts Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

J.Safra Asset Management Corp lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 93.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,322 shares of the exchange traded fund’s stock after acquiring an additional 160,349 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 10.9% of J.Safra Asset Management Corp’s portfolio, making the stock its 3rd largest holding. J.Safra Asset Management Corp’s holdings in iShares Russell 1000 Growth ETF were worth $134,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Cardinal Point Capital Management ULC increased its position in shares of iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after acquiring an additional 26 shares in the last quarter. Journey Strategic Wealth LLC grew its position in iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock worth $2,539,000 after purchasing an additional 26 shares in the last quarter. Chemistry Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 2.7% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 27 shares during the period. Stonehearth Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 28 shares in the last quarter. Finally, Chicago Capital LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% in the fourth 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 in the last quarter.

iShares Russell 1000 Growth ETF Trading Down 0.6 %

Shares of IWF stock opened at $382.38 on Wednesday. The company has a market capitalization of $99.44 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The stock’s fifty day simple moving average is $406.50 and its 200-day simple moving average is $391.47.

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.