FSA Wealth Management LLC Purchases New Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

FSA Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 155,251 shares of the exchange traded fund’s stock, valued at approximately $58,278,000. iShares Russell 1000 Growth ETF makes up about 23.3% of FSA Wealth Management LLC’s portfolio, making the stock its largest position.

A number of other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 39,461.1% in the third quarter. International Assets Investment Management LLC now owns 3,605,203 shares of the exchange traded fund’s stock valued at $1,353,321,000 after purchasing an additional 3,596,090 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Russell 1000 Growth ETF by 2.1% during the second quarter. LPL Financial LLC now owns 2,924,993 shares of the exchange traded fund’s stock worth $1,066,189,000 after buying an additional 60,668 shares in the last quarter. Raymond James & Associates increased its holdings in iShares Russell 1000 Growth ETF by 0.5% in the 3rd quarter. Raymond James & Associates now owns 2,625,912 shares of the exchange traded fund’s stock valued at $985,715,000 after buying an additional 12,388 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 4.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,216,427 shares of the exchange traded fund’s stock valued at $807,910,000 after buying an additional 84,663 shares in the last quarter. Finally, Truist Financial Corp raised its stake in shares of iShares Russell 1000 Growth ETF by 0.5% in the 2nd quarter. Truist Financial Corp now owns 2,180,845 shares of the exchange traded fund’s stock valued at $794,940,000 after buying an additional 10,021 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $398.38 on Friday. The firm has a market cap of $105.39 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm’s 50-day simple moving average is $384.23 and its 200-day simple moving average is $367.69. iShares Russell 1000 Growth ETF has a twelve month low of $287.27 and a twelve month high of $400.85.

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.