Wealthfront Advisers LLC Purchases Shares of 10,085 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Wealthfront Advisers LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,085 shares of the exchange traded fund’s stock, valued at approximately $4,050,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $212,000. Fairway Wealth LLC purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $315,000. GC Wealth Management RIA LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 4.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 6,902 shares of the exchange traded fund’s stock valued at $2,772,000 after purchasing an additional 283 shares during the last quarter. Donaldson Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Donaldson Capital Management LLC now owns 4,794 shares of the exchange traded fund’s stock worth $1,925,000 after buying an additional 52 shares during the period. Finally, O Dell Group LLC lifted its stake in iShares Russell 1000 Growth ETF by 5.9% in the fourth quarter. O Dell Group LLC now owns 3,905 shares of the exchange traded fund’s stock valued at $1,568,000 after buying an additional 217 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $360.07 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The company has a market cap of $93.64 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The company has a fifty day moving average price of $401.44 and a 200 day moving average price of $391.32.

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.