World Equity Group Inc. boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 91.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,372 shares of the exchange traded fund’s stock after buying an additional 1,136 shares during the quarter. World Equity Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $953,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Truvestments Capital LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $27,000. Signature Resources Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $28,000. Peterson Wealth Services acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $35,000. Capital Performance Advisors LLP acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth $51,000. Finally, Abound Wealth Management increased its stake in shares of iShares Russell 1000 Growth ETF by 14,500.0% during the 4th quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 145 shares during the last quarter.
iShares Russell 1000 Growth ETF Stock Down 2.3 %
Shares of IWF opened at $404.88 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’s fifty day moving average is $409.15 and its 200-day moving average is $389.15. The firm has a market cap of $107.11 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.
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.
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