Gilliland Jeter Wealth Management LLC Invests $7.58 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Gilliland Jeter Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 25,015 shares of the exchange traded fund’s stock, valued at approximately $7,584,000. iShares Russell 1000 Growth ETF accounts for 3.1% of Gilliland Jeter Wealth Management LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors have also added to or reduced their stakes in IWF. Fulton Breakefield Broenniman LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $201,000. Golden State Equity Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 13.2% during the 4th quarter. Golden State Equity Partners now owns 3,730 shares of the exchange traded fund’s stock worth $1,131,000 after acquiring an additional 436 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its position in iShares Russell 1000 Growth ETF by 2.7% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 4,138 shares of the exchange traded fund’s stock worth $1,255,000 after acquiring an additional 108 shares in the last quarter. Truist Financial Corp increased its stake in iShares Russell 1000 Growth ETF by 2.2% in the fourth quarter. Truist Financial Corp now owns 2,225,052 shares of the exchange traded fund’s stock valued at $674,569,000 after acquiring an additional 47,257 shares during the last quarter. Finally, Kovack Advisors Inc. raised its position in iShares Russell 1000 Growth ETF by 4.8% during the fourth quarter. Kovack Advisors Inc. now owns 1,656 shares of the exchange traded fund’s stock valued at $502,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded up $5.94 during mid-day trading on Friday, hitting $327.99. 857,404 shares of the stock were exchanged, compared to its average volume of 1,409,033. The stock has a market capitalization of $86.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20. The business has a fifty day moving average price of $331.14 and a 200 day moving average price of $307.95. iShares Russell 1000 Growth ETF has a 12 month low of $241.20 and a 12 month high of $340.83.

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.