Prasad Wealth Partners LLC Invests $335,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Prasad Wealth Partners LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 833 shares of the exchange traded fund’s stock, valued at approximately $335,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IWF. Truvestments Capital LLC purchased a new position in iShares Russell 1000 Growth ETF in the third quarter worth $27,000. Signature Resources Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth $28,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth about $35,000. Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF during the third quarter valued at about $51,000. Finally, Abound Wealth Management increased its holdings in iShares Russell 1000 Growth ETF by 14,500.0% during the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 145 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $400.74 on Tuesday. The firm has a market cap of $104.21 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53. The firm’s 50-day simple moving average is $408.78 and its two-hundred day simple moving average is $389.96.

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.