Moss Adams Wealth Advisors LLC Has $2 Million Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Moss Adams Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,580 shares of the exchange traded fund’s stock after buying an additional 58 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 0.4% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 23rd largest holding. Moss Adams Wealth Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BluePath Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $27,000. Cranbrook Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. Planned Solutions Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC raised its position in shares of iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares during the period. Finally, Mendota Financial Group LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $57,000.

iShares Russell 1000 Growth ETF Price Performance

IWF traded down $0.48 on Wednesday, hitting $335.19. The company had a trading volume of 945,091 shares, compared to its average volume of 1,362,560. The stock has a fifty day simple moving average of $331.33 and a 200-day simple moving average of $311.01. The firm has a market capitalization of $88.67 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52-week low of $246.29 and a 52-week high of $340.83.

About iShares Russell 1000 Growth ETF

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.