Horrell Capital Management Inc. Invests $80,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Horrell Capital Management Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, Holdings Channel.com reports. The firm purchased 450 shares of the exchange traded fund’s stock, valued at approximately $80,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Johanson Financial Advisors Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 17,435.4% in the 4th quarter. Johanson Financial Advisors Inc. now owns 6,552,643 shares of the exchange traded fund’s stock valued at $37,249,000 after purchasing an additional 6,515,275 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Russell 1000 Growth ETF by 2.9% during the 2nd quarter. Bank of America Corp DE now owns 36,304,247 shares of the exchange traded fund’s stock valued at $5,712,109,000 after buying an additional 1,039,638 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $115,063,000. Nuveen Asset Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 10.5% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,937,940 shares of the exchange traded fund’s stock valued at $462,255,000 after buying an additional 279,023 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of iShares Russell 1000 Growth ETF by 2.7% during the 2nd quarter. Morgan Stanley now owns 8,838,070 shares of the exchange traded fund’s stock valued at $1,390,582,000 after buying an additional 230,073 shares during the last quarter.

Shares of NYSEARCA IWF traded down $0.34 during trading on Tuesday, reaching $181.74. 24,906 shares of the stock traded hands, compared to its average volume of 1,783,425. iShares Russell 1000 Growth ETF has a 52-week low of $134.46 and a 52-week high of $182.08. The company has a 50-day moving average of $174.43 and a 200-day moving average of $164.66.

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.4502 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from iShares Russell 1000 Growth ETF’s previous quarterly dividend of $0.44.

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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