Strategic Financial Concepts LLC Acquires Shares of 1,577 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Strategic Financial Concepts LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,577 shares of the exchange traded fund’s stock, valued at approximately $532,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sendero Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 0.3% during the fourth quarter. Sendero Wealth Management LLC now owns 9,837 shares of the exchange traded fund’s stock worth $2,982,000 after acquiring an additional 33 shares during the period. Morton Capital Management LLC CA grew its holdings in iShares Russell 1000 Growth ETF by 1.1% in the third quarter. Morton Capital Management LLC CA now owns 3,126 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 34 shares during the last quarter. Beacon Capital Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.8% in the fourth quarter. Beacon Capital Management LLC now owns 1,974 shares of the exchange traded fund’s stock valued at $598,000 after buying an additional 34 shares in the last quarter. Morton Brown Family Wealth LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 5.0% in the 4th quarter. Morton Brown Family Wealth LLC now owns 709 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 34 shares in the last quarter. Finally, Stonehearth Capital Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 2.0% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,787 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 35 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF traded down $5.59 on Tuesday, hitting $322.84. The company’s stock had a trading volume of 849,454 shares, compared to its average volume of 1,395,447. The stock has a 50 day moving average of $331.21 and a 200-day moving average of $308.91. iShares Russell 1000 Growth ETF has a 12-month low of $241.41 and a 12-month high of $340.83. The company has a market capitalization of $85.54 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

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.