Towerpoint Wealth LLC Raises Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Towerpoint Wealth LLC raised its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,664 shares of the exchange traded fund’s stock after purchasing an additional 377 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 1.9% of Towerpoint Wealth LLC’s investment portfolio, making the stock its 12th biggest holding. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,881,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $27,000. ORG Wealth Partners LLC acquired a new position in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Nemes Rush Group LLC boosted its position in iShares Russell 1000 Growth ETF by 188.2% in the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 64 shares in the last quarter. Kimelman & Baird LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $47,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $51,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF traded up $0.25 during trading hours on Thursday, reaching $405.15. The company’s stock had a trading volume of 125,998 shares, compared to its average volume of 1,564,247. iShares Russell 1000 Growth ETF has a 1-year low of $301.21 and a 1-year high of $419.53. The firm has a market capitalization of $107.18 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The company’s 50-day moving average is $403.24 and its two-hundred day moving average is $380.04.

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.