AE Wealth Management LLC Buys 2,116 Shares of iShares Russell 1000 Growth ETF $IWF

AE Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,593 shares of the exchange traded fund’s stock after purchasing an additional 2,116 shares during the period. AE Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,327,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWF. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $30,000. Networth Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $32,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $35,000. Manning & Napier Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $47,000. Finally, Flagship Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 131.9% during the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 62 shares during the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $476.41 on Friday. The stock has a market capitalization of $125.41 billion, a P/E ratio of 33.43 and a beta of 1.17. The company has a 50-day moving average price of $445.05 and a 200-day moving average price of $462.80. iShares Russell 1000 Growth ETF has a 1 year low of $328.33 and a 1 year high of $493.00.

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