Endowment Wealth Management Inc. Invests $212,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Endowment Wealth Management Inc. bought 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 bought 528 shares of the exchange traded fund’s stock, valued at approximately $212,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Smith Salley Wealth Management boosted its holdings in iShares Russell 1000 Growth ETF by 14.3% during the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock valued at $1,307,000 after acquiring an additional 407 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% in the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after purchasing an additional 111 shares in the last quarter. Affiance Financial LLC raised its holdings in iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after purchasing an additional 1,322 shares during the last quarter. Clientfirst Wealth Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $11,350,000. Finally, Realta Investment Advisors bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $1,095,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $363.88 on Tuesday. The company has a market cap of $94.63 billion, a PE ratio of 36.11 and a beta of 1.09. The stock has a 50-day simple moving average of $403.70 and a 200 day simple moving average of $391.74. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53.

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.