Sunpointe LLC Purchases 227 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sunpointe LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,842 shares of the exchange traded fund’s stock after purchasing an additional 227 shares during the quarter. Sunpointe LLC’s holdings in iShares Russell 1000 Growth ETF were worth $740,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.8% during the 4th quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 26 shares in the last quarter. Journey Strategic Wealth LLC lifted its position 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 valued at $2,539,000 after acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 2.7% in 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 during the period. Stonehearth Capital Management LLC grew its position in shares of 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 worth $789,000 after purchasing an additional 28 shares in the last quarter. Finally, Chicago Capital LLC raised its stake in iShares Russell 1000 Growth ETF by 1.0% during the 4th 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 during the period.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $416.48 on Thursday. The company has a market capitalization of $110.18 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The business has a 50 day simple moving average of $409.31 and a two-hundred day simple moving average of $388.10.

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.