Affiance Financial LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 13.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,280 shares of the exchange traded fund’s stock after buying an additional 5,856 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 3.8% of Affiance Financial LLC’s investment portfolio, making the stock its 7th largest position. Affiance Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $23,324,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Holos Integrated Wealth LLC purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Manning & Napier Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $47,000. Flagship Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 62 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $53,000. Finally, Dorato Capital Management acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $70,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.
iShares Russell 1000 Growth ETF Price Performance
NYSEARCA IWF opened at $431.97 on Wednesday. The stock’s 50 day simple moving average is $445.65 and its 200-day simple moving average is $463.28. The company has a market cap of $113.35 billion, a PE ratio of 33.43 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 1-year low of $315.57 and a 1-year high of $493.00.
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.
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