Tassel Capital Management Inc. Invests $1.65 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Tassel Capital Management Inc. acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,096 shares of the exchange traded fund’s stock, valued at approximately $1,645,000. iShares Russell 1000 Growth ETF comprises about 1.5% of Tassel Capital Management Inc.’s portfolio, making the stock its 10th biggest holding.

Several other institutional investors have also added to or reduced their stakes in IWF. Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $1,367,267,000. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 44,227.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock valued at $263,814,000 after purchasing an additional 655,457 shares during the last quarter. Wellington Management Group LLP increased its position in iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after purchasing an additional 532,085 shares in the last quarter. Bryn Mawr Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 1,072.5% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after purchasing an additional 270,335 shares in the last quarter. Finally, Choreo LLC lifted its stake in iShares Russell 1000 Growth ETF by 34.9% in the 4th quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock valued at $272,261,000 after purchasing an additional 174,889 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $378.85 on Monday. The firm’s fifty day moving average price is $404.52 and its two-hundred day moving average price is $391.74. The stock has a market cap of $98.52 billion, a PE ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53.

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.