Smith Salley Wealth Management Buys 407 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Smith Salley Wealth Management lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,256 shares of the exchange traded fund’s stock after acquiring an additional 407 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,307,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at $818,000. Beck Bode LLC bought a new position in iShares Russell 1000 Growth ETF during the second quarter valued at about $202,000. AE Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 32.1% during the second quarter. AE Wealth Management LLC now owns 13,877 shares of the exchange traded fund’s stock worth $5,058,000 after buying an additional 3,371 shares during the last quarter. Sei Investments Co. raised its position in iShares Russell 1000 Growth ETF by 6.8% in the second quarter. Sei Investments Co. now owns 36,421 shares of the exchange traded fund’s stock worth $13,276,000 after acquiring an additional 2,316 shares during the period. Finally, Summit Trail Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 15.0% in the second quarter. Summit Trail Advisors LLC now owns 136,347 shares of the exchange traded fund’s stock valued at $49,700,000 after acquiring an additional 17,817 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $406.98 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $304.85 and a 1 year high of $419.53. The business has a fifty day simple moving average of $403.79 and a two-hundred day simple moving average of $380.63. The company has a market capitalization of $107.67 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.