First Command Advisory Services Inc. Raises Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

First Command Advisory Services Inc. raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,229 shares of the exchange traded fund’s stock after acquiring an additional 101 shares during the period. First Command Advisory Services Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $373,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tower Research Capital LLC TRC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $27,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $34,000. Finally, True Wealth Design LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $34,000.

iShares Russell 1000 Growth ETF Stock Down 2.0 %

Shares of NYSEARCA IWF traded down $6.33 during trading hours on Friday, reaching $316.15. 2,831,171 shares of the stock traded hands, compared to its average volume of 1,442,943. The company’s 50-day simple moving average is $331.41 and its two-hundred day simple moving average is $306.10. iShares Russell 1000 Growth ETF has a 52-week low of $239.23 and a 52-week high of $340.83. The company has a market capitalization of $83.76 billion, a P/E ratio of 36.72 and a beta of 1.20.

iShares Russell 1000 Growth ETF Company 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.