Modern Wealth Management LLC Increases Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Modern Wealth Management LLC lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 256.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,417 shares of the exchange traded fund’s stock after buying an additional 3,897 shares during the period. Modern Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,233,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWF. Raymond James Financial Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $1,367,267,000. LPL Financial LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 4.2% during the fourth quarter. LPL Financial LLC now owns 3,146,450 shares of the exchange traded fund’s stock valued at $1,263,551,000 after purchasing an additional 127,129 shares in the last quarter. M&T Bank Corp increased its holdings in iShares Russell 1000 Growth ETF by 1.1% during the third quarter. M&T Bank Corp now owns 2,828,962 shares of the exchange traded fund’s stock valued at $1,061,987,000 after buying an additional 31,109 shares during the period. Signaturefd LLC raised its stake in iShares Russell 1000 Growth ETF by 0.3% in the fourth quarter. Signaturefd LLC now owns 2,066,906 shares of the exchange traded fund’s stock worth $830,028,000 after buying an additional 6,388 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp lifted its holdings in iShares Russell 1000 Growth ETF by 3.3% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,386,056 shares of the exchange traded fund’s stock worth $556,613,000 after buying an additional 44,547 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.6 %

Shares of NYSEARCA:IWF opened at $380.26 on Wednesday. The company has a market capitalization of $99.72 billion, a PE ratio of 31.83 and a beta of 1.11. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month high of $419.53. The business’s fifty day simple moving average is $396.37 and its 200-day simple moving average is $392.41.

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.