iShares Russell 1000 Growth ETF $IWF Shares Purchased by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC raised its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 33.7% in the 1st quarter, Holdings Channel reports. The fund owned 18,614 shares of the exchange traded fund’s stock after acquiring an additional 4,688 shares during the quarter. GC Wealth Management RIA LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,937,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock valued at $2,442,000 after purchasing an additional 22 shares during the period. Jamison Private Wealth Management Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 23 shares during the period. Marks Group Wealth Management Inc lifted its holdings in shares of iShares Russell 1000 Growth ETF by 2.1% during the fourth 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 iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock valued at $2,383,000 after buying an additional 24 shares during the last quarter. Finally, Rossby Financial LCC grew its position in iShares Russell 1000 Growth ETF by 3.7% in the 4th quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock valued at $319,000 after buying an additional 24 shares during the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $118.59 on Friday. The stock has a market capitalization of $122.55 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The company’s fifty day moving average is $122.93 and its two-hundred day moving average is $117.56.

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.