Kelly Financial Group LLC Invests $14.79 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Kelly Financial Group LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 36,826 shares of the exchange traded fund’s stock, valued at approximately $14,789,000. iShares Russell 1000 Growth ETF comprises 5.1% of Kelly Financial Group LLC’s holdings, making the stock its 5th largest position.

Other large investors have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $28,000. Peterson Wealth Services acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $35,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $46,000. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $51,000.

iShares Russell 1000 Growth ETF Trading Up 1.8 %

Shares of IWF stock opened at $394.60 on Monday. The stock has a market cap of $102.62 billion, a P/E 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 has a 50 day simple moving average of $407.72 and a 200 day simple moving average of $391.19.

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.