Welch & Forbes LLC Has $1.83 Million Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Welch & Forbes LLC grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,548 shares of the exchange traded fund’s stock after purchasing an additional 333 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Smith Salley Wealth Management lifted its stake in shares of iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after purchasing an additional 407 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after purchasing an additional 111 shares during the period. Affiance Financial LLC raised its stake in iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after buying an additional 1,322 shares during the period. Clientfirst Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $11,350,000. Finally, Realta Investment Advisors acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $1,095,000.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $378.85 on Friday. The stock’s 50 day simple moving average is $404.52 and its 200 day simple moving average is $391.42. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The company has a market cap of $98.52 billion, a P/E ratio of 36.11 and a beta of 1.09.

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.