iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Stake Boosted by Spire Wealth Management

Spire Wealth Management increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,230 shares of the exchange traded fund’s stock after purchasing an additional 125 shares during the period. Spire Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $16,308,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. BluePath Capital Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $27,000. Cranbrook Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $30,000. Planned Solutions Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 139 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $57,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded up $5.86 on Friday, reaching $331.50. The company’s stock had a trading volume of 751,943 shares, compared to its average volume of 1,378,412. iShares Russell 1000 Growth ETF has a 52 week low of $241.41 and a 52 week high of $340.83. The company has a market capitalization of $87.70 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm has a fifty day moving average of $331.11 and a two-hundred day moving average of $310.03.

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.