Floyd Financial Group LLC Buys New Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Floyd Financial Group LLC purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 600 shares of the exchange traded fund’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $27,000. ORG Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $31,000. Nemes Rush Group LLC increased its holdings in iShares Russell 1000 Growth ETF by 188.2% in the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 64 shares in the last quarter. Kimelman & Baird LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth $47,000. Finally, Capital Performance Advisors LLP acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $51,000.

iShares Russell 1000 Growth ETF Stock Down 0.3 %

Shares of NYSEARCA IWF opened at $395.30 on Wednesday. The firm has a market cap of $104.58 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The company’s 50-day simple moving average is $403.24 and its 200-day simple moving average is $380.04. iShares Russell 1000 Growth ETF has a 52-week low of $301.21 and a 52-week high of $419.53.

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.