Sfmg LLC Takes $204,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sfmg LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 672 shares of the exchange traded fund’s stock, valued at approximately $204,000.

Other large investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $25,000. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $27,000. Cranbrook Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $30,000. Planned Solutions Inc. bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $34,000. Finally, Sound Income Strategies LLC grew its position in 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 acquiring an additional 139 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $324.24 on Thursday. The stock’s fifty day moving average is $331.75 and its 200-day moving average is $305.35. The stock has a market capitalization of $85.91 billion, a PE ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $239.23 and a 52 week high of $340.83.

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.