Circle Wealth Management LLC Grows Stock Position in iShares Russell 1000 Growth ETF $IWF

Circle Wealth Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,363,473 shares of the exchange traded fund’s stock after acquiring an additional 76,250 shares during the period. iShares Russell 1000 Growth ETF accounts for about 9.9% of Circle Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Circle Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $645,332,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bright Futures Wealth Management LLC. purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at $532,000. 1ST Source Bank grew its holdings in shares of iShares Russell 1000 Growth ETF by 0.8% in the third quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock valued at $266,103,000 after purchasing an additional 4,486 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 3.3% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock valued at $32,130,000 after purchasing an additional 2,139 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 59.3% in the fourth quarter. Farther Finance Advisors LLC now owns 46,216 shares of the exchange traded fund’s stock valued at $21,874,000 after purchasing an additional 17,212 shares in the last quarter. Finally, AMI Asset Management Corp boosted its stake in iShares Russell 1000 Growth ETF by 542.6% during the fourth quarter. AMI Asset Management Corp now owns 71,879 shares of the exchange traded fund’s stock worth $34,020,000 after buying an additional 60,693 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 0.0%

NYSEARCA IWF opened at $121.61 on Friday. iShares Russell 1000 Growth ETF has a 52 week low of $100.47 and a 52 week high of $129.14. The firm has a market capitalization of $127.01 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The company has a fifty day moving average of $120.45 and a two-hundred day moving average of $116.97.

About iShares Russell 1000 Growth ETF

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.