Sound Income Strategies LLC Grows Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sound Income Strategies LLC raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 268.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 958 shares of the exchange traded fund’s stock after acquiring an additional 698 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares Russell 1000 Growth ETF were worth $385,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $27,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $28,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $31,000. Nemes Rush Group LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 188.2% in the second quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 64 shares during the last quarter. Finally, Kimelman & Baird LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter worth $47,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $415.49 on Friday. The company has a market capitalization of $109.92 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $310.51 and a 12 month high of $419.53. The company’s fifty day moving average price is $404.95 and its two-hundred day moving average price is $381.69.

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.