Juncture Wealth Strategies LLC Acquires New Position in iShares Russell 1000 Growth ETF $IWF

Juncture Wealth Strategies LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, HoldingsChannel.com reports. The firm bought 8,796 shares of the exchange traded fund’s stock, valued at approximately $1,102,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marks Group Wealth Management Inc lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.1% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 23 shares during the period. Blankinship & Foster LLC grew its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after purchasing an additional 24 shares during the period. Cambridge Advisors Inc. increased its stake in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after purchasing an additional 25 shares during the last quarter. SageGuard Financial Group LLC lifted its position in iShares Russell 1000 Growth ETF by 4.4% during the first quarter. SageGuard Financial Group LLC now owns 587 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 25 shares during the period. Finally, Balboa Wealth Partners lifted its position in iShares Russell 1000 Growth ETF by 1.4% during the first quarter. Balboa Wealth Partners now owns 1,947 shares of the exchange traded fund’s stock worth $830,000 after buying an additional 26 shares during the period. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.7%

IWF traded up $0.84 during midday trading on Tuesday, hitting $129.19. The company’s stock had a trading volume of 2,417,015 shares, compared to its average volume of 7,584,460. The firm has a market cap of $131.77 billion, a P/E ratio of 33.43 and a beta of 1.16. The firm has a 50-day moving average price of $123.06 and a two-hundred day moving average price of $120.51. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.80.

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