Nestegg Advisors Inc. Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Nestegg Advisors Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 46,209 shares of the exchange traded fund’s stock, valued at approximately $18,652,000. iShares Russell 1000 Growth ETF comprises about 18.9% of Nestegg Advisors Inc.’s holdings, making the stock its largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in IWF. Runnymede Capital Advisors Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $27,000. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $46,000. Elequin Capital LP purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $47,000. Finally, one8zero8 LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $47,000.

iShares Russell 1000 Growth ETF Trading Up 2.4%

IWF opened at $400.09 on Wednesday. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $419.53. The company has a market cap of $106.60 billion, a PE ratio of 32.66 and a beta of 1.15. The company has a 50 day moving average of $366.42 and a 200 day moving average of $388.80.

iShares Russell 1000 Growth ETF Company 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.