Jacksonville Wealth Management LLC Purchases Shares of 701 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Jacksonville Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 701 shares of the exchange traded fund’s stock, valued at approximately $282,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Smith Salley Wealth Management increased its holdings in iShares Russell 1000 Growth ETF by 14.3% during the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after purchasing an additional 407 shares during the period. Independent Advisor Alliance grew its position in shares of iShares Russell 1000 Growth ETF by 8.4% in the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 87 shares during the last quarter. AA Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $278,000. Chicago Wealth Management Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 6.7% during the second quarter. Chicago Wealth Management Inc. now owns 20,693 shares of the exchange traded fund’s stock valued at $7,543,000 after acquiring an additional 1,307 shares in the last quarter. Finally, Barnett & Company Inc. lifted its stake in iShares Russell 1000 Growth ETF by 1.6% in the third quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after acquiring an additional 29 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 0.4 %

NYSEARCA:IWF opened at $415.49 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $310.51 and a twelve month high of $419.53. The stock has a market cap of $109.92 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm’s fifty day simple moving average is $405.51 and its 200 day simple moving average is $381.95.

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.