Onyx Financial Advisors LLC Takes $230,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Onyx Financial Advisors LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 682 shares of the exchange traded fund’s stock, valued at approximately $230,000. iShares Russell 1000 Growth ETF comprises about 0.1% of Onyx Financial Advisors LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds have also modified their holdings of the stock. Cranbrook Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $30,000. Creekmur Asset Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $33,000. Planned Solutions Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $34,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth $36,000. Finally, Sound Income Strategies LLC boosted its position in iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF traded up $2.77 during trading on Friday, reaching $370.00. 118,019 shares of the stock traded hands, compared to its average volume of 1,315,991. The stock has a market cap of $97.88 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The stock’s 50-day simple moving average is $343.53 and its two-hundred day simple moving average is $328.32. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $370.09.

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.