Beacon Pointe Advisors LLC Acquires 21,297 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Beacon Pointe Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 231,401 shares of the exchange traded fund’s stock after purchasing an additional 21,297 shares during the quarter. iShares Russell 1000 Growth ETF comprises 1.0% of Beacon Pointe Advisors LLC’s holdings, making the stock its 17th largest holding. Beacon Pointe Advisors LLC owned 0.09% of iShares Russell 1000 Growth ETF worth $92,926,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWF. Runnymede Capital Advisors Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $28,000. Peterson Wealth Services bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $46,000. Finally, one8zero8 LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $47,000.

iShares Russell 1000 Growth ETF Stock Up 1.5 %

IWF stock opened at $364.78 on Monday. The business has a 50 day moving average of $365.35 and a 200-day moving average of $388.54. The firm has a market cap of $98.11 billion, a PE ratio of 29.90 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month 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.