Independent Advisor Alliance Buys 37,627 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Independent Advisor Alliance raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3,344.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,752 shares of the exchange traded fund’s stock after acquiring an additional 37,627 shares during the period. Independent Advisor Alliance’s holdings in iShares Russell 1000 Growth ETF were worth $15,562,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $28,000. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth about $27,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $35,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth about $46,000. Finally, Cape Investment Advisory Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 65.4% during the 4th quarter. Cape Investment Advisory Inc. now owns 134 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 53 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.4 %

IWF stock opened at $378.85 on Monday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The company has a 50-day moving average price of $404.52 and a 200 day moving average price of $391.74. The stock has a market cap of $98.52 billion, a PE ratio of 36.11 and a beta of 1.09.

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.