Pointe Capital Management LLC Purchases 589 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pointe Capital Management LLC grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,695 shares of the exchange traded fund’s stock after purchasing an additional 589 shares during the period. iShares Russell 1000 Growth ETF makes up 7.5% of Pointe Capital Management LLC’s portfolio, making the stock its biggest position. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,130,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IWF. Cardinal Point Capital Management ULC lifted its position in iShares Russell 1000 Growth ETF by 2.8% in the 4th quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 26 shares in the last quarter. Journey Strategic Wealth LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock worth $2,539,000 after acquiring an additional 26 shares during the last quarter. Chemistry Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 2.7% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 27 shares in the last quarter. Stonehearth Capital Management LLC boosted its position in iShares Russell 1000 Growth ETF by 1.4% during the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after purchasing an additional 28 shares during the last quarter. Finally, Chicago Capital LLC grew its stake in iShares Russell 1000 Growth ETF by 1.0% in the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock valued at $1,111,000 after purchasing an additional 28 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $396.72 on Wednesday. The firm has a market cap of $103.17 billion, a P/E ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The stock’s 50-day moving average is $408.37 and its two-hundred day moving average is $390.32.

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.