Fortress Financial Group LLC Takes $2.59 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Fortress Financial Group LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,460 shares of the exchange traded fund’s stock, valued at approximately $2,594,000. iShares Russell 1000 Growth ETF comprises 2.6% of Fortress Financial Group LLC’s holdings, making the stock its 11th largest position.

A number of other large investors also recently made changes to their positions in IWF. JFS Wealth Advisors LLC grew its position in iShares Russell 1000 Growth ETF by 1.2% during the third quarter. JFS Wealth Advisors LLC now owns 88,023 shares of the exchange traded fund’s stock worth $33,042,000 after buying an additional 1,056 shares in the last quarter. Cornerstone Wealth Group LLC boosted its stake in iShares Russell 1000 Growth ETF by 4.6% in the third quarter. Cornerstone Wealth Group LLC now owns 11,423 shares of the exchange traded fund’s stock valued at $4,288,000 after buying an additional 502 shares in the last quarter. Goldstone Financial Group LLC acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth about $909,000. Tilson Financial Group Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $2,534,000. Finally, Reston Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 5.0% in the 3rd quarter. Reston Wealth Management LLC now owns 2,416 shares of the exchange traded fund’s stock valued at $907,000 after purchasing an additional 114 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $387.60 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The stock has a market cap of $100.80 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The company has a 50 day simple moving average of $407.97 and a 200 day simple moving average of $390.35.

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.