Independent Solutions Wealth Management LLC Increases Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Independent Solutions Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,190 shares of the exchange traded fund’s stock after purchasing an additional 461 shares during the period. Independent Solutions Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,683,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smith Salley Wealth Management boosted its stake in shares of iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after buying an additional 407 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in 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 worth $8,465,000 after acquiring an additional 111 shares during the period. Affiance Financial LLC boosted its position in iShares Russell 1000 Growth ETF by 4.6% in the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after purchasing an additional 1,322 shares during the last quarter. Clientfirst Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at $11,350,000. Finally, Realta Investment Advisors purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $1,095,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $368.20 on Friday. The company has a market capitalization of $96.56 billion, a P/E ratio of 31.83 and a beta of 1.11. The company’s 50-day moving average is $397.61 and its 200 day moving average is $391.45. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week 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.