M.E. Allison & CO. Inc. Takes Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

M.E. Allison & CO. Inc. bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 646 shares of the exchange traded fund’s stock, valued at approximately $259,000.

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

iShares Russell 1000 Growth ETF Trading Up 1.2 %

Shares of iShares Russell 1000 Growth ETF stock opened at $406.98 on Monday. The company has a market capitalization of $107.67 billion, a P/E ratio of 35.64 and a beta of 1.20. The stock has a fifty day simple moving average of $403.79 and a 200 day simple moving average of $380.70. iShares Russell 1000 Growth ETF has a 12-month low of $304.85 and a 12-month high of $419.53.

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.