Telemus Capital LLC Acquires 1,262 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Telemus Capital LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 155,404 shares of the exchange traded fund’s stock after buying an additional 1,262 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 3.9% of Telemus Capital LLC’s portfolio, making the stock its 2nd largest position. Telemus Capital LLC’s holdings in iShares Russell 1000 Growth ETF were worth $47,114,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IWF. BluePath Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $27,000. Cranbrook Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $34,000. Sound Income Strategies LLC increased its stake in iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 139 shares during the period. Finally, Mendota Financial Group LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth $57,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $319.25 on Tuesday. iShares Russell 1000 Growth ETF has a 1 year low of $239.23 and a 1 year high of $340.83. The stock’s 50-day simple moving average is $331.24 and its 200-day simple moving average is $306.74. The firm has a market cap of $84.59 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

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.