Independence Bank of Kentucky Raises Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Independence Bank of Kentucky grew its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,722 shares of the exchange traded fund’s stock after buying an additional 60 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Russell 1000 Growth ETF were worth $1,592,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cranbrook Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $30,000. Creekmur Asset Management LLC bought a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $33,000. Planned Solutions Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $34,000. Frazier Financial Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $36,000. Finally, Sound Income Strategies LLC boosted its holdings in iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 0.7 %

NYSEARCA:IWF traded down $2.72 during trading hours on Friday, reaching $364.51. The company had a trading volume of 3,803,328 shares, compared to its average volume of 1,346,152. The firm’s 50 day moving average price is $345.40 and its 200-day moving average price is $329.08. The firm has a market cap of $96.43 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $370.46.

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.