GeoWealth Management LLC Purchases 22,538 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

GeoWealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 168.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,932 shares of the exchange traded fund’s stock after purchasing an additional 22,538 shares during the period. GeoWealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,430,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IWF. Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $1,367,267,000. Demars Financial Group LLC lifted its holdings in iShares Russell 1000 Growth ETF by 39,345.2% during the 4th quarter. Demars Financial Group LLC now owns 834,661 shares of the exchange traded fund’s stock valued at $335,183,000 after purchasing an additional 832,545 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $279,993,000. Strategic Financial Concepts LLC grew its stake in iShares Russell 1000 Growth ETF by 44,227.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after buying an additional 655,457 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 100.9% in the fourth quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock valued at $333,791,000 after acquiring an additional 417,507 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $341.62 on Friday. The stock has a fifty day moving average price of $373.30 and a two-hundred day moving average price of $389.41. The company has a market cap of $90.67 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 52-week low of $308.67 and a 52-week high of $419.53.

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.