JP Wealth Management Inc. Invests $2.17 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

JP Wealth Management Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 5,400 shares of the exchange traded fund’s stock, valued at approximately $2,169,000. iShares Russell 1000 Growth ETF makes up approximately 1.6% of JP Wealth Management Inc.’s portfolio, making the stock its 10th biggest position.

Several other large investors have also modified their holdings of IWF. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $27,000. Signature Resources Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $28,000. ORG Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $31,000. Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $51,000. Finally, Sawyer & Company Inc bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $53,000.

iShares Russell 1000 Growth ETF Trading Down 1.0 %

Shares of NYSEARCA IWF opened at $405.04 on Tuesday. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The company has a market capitalization of $107.15 billion, a P/E ratio of 35.64 and a beta of 1.20. The stock has a 50 day moving average of $407.16 and a 200-day moving average of $383.17.

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.