iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Position Boosted by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 226.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,834 shares of the exchange traded fund’s stock after buying an additional 9,598 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 1.1% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 25th biggest holding. Eldridge Investment Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $4,194,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. BluePath Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the third quarter worth about $27,000. Cranbrook Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $30,000. Planned Solutions Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares during the period. Finally, Mendota Financial Group LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $57,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF traded up $3.85 during mid-day trading on Thursday, reaching $325.52. 462,998 shares of the company traded hands, compared to its average volume of 1,380,451. iShares Russell 1000 Growth ETF has a fifty-two week low of $241.41 and a fifty-two week high of $340.83. The firm has a market cap of $86.12 billion, a PE ratio of 35.64 and a beta of 1.20. The stock has a fifty day simple moving average of $331.21 and a 200-day simple moving average of $309.00.

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.