PFW Advisors LLC Acquires Shares of 70,716 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

PFW Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, Holdings Channel reports. The fund bought 70,716 shares of the exchange traded fund’s stock, valued at approximately $28,398,000. iShares Russell 1000 Growth ETF makes up 8.7% of PFW Advisors LLC’s holdings, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Courier Capital LLC raised its position in iShares Russell 1000 Growth ETF by 39.6% during the 4th quarter. Courier Capital LLC now owns 6,716 shares of the exchange traded fund’s stock worth $2,697,000 after buying an additional 1,906 shares during the last quarter. Miracle Mile Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 19.8% during the fourth quarter. Miracle Mile Advisors LLC now owns 15,422 shares of the exchange traded fund’s stock worth $6,193,000 after acquiring an additional 2,545 shares during the period. Ehrlich Financial Group acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $422,000. Eastern Bank raised its holdings in iShares Russell 1000 Growth ETF by 21.0% during the fourth quarter. Eastern Bank now owns 1,685 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 292 shares in the last quarter. Finally, Persium Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $741,000.

iShares Russell 1000 Growth ETF Stock Performance

IWF traded down $1.48 during trading on Monday, reaching $396.67. The company’s stock had a trading volume of 2,073,628 shares, compared to its average volume of 1,698,669. The company has a market capitalization of $104.94 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The company’s fifty day moving average price is $402.53 and its 200-day moving average price is $379.61. iShares Russell 1000 Growth ETF has a 52-week low of $301.21 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.