Apollon Wealth Management LLC Acquires 2,027 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Apollon Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,382 shares of the exchange traded fund’s stock after acquiring an additional 2,027 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,270,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp bought a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $243,000. Wealthcare Advisory Partners LLC grew its holdings in iShares Russell 1000 Growth ETF by 1.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,451 shares of the exchange traded fund’s stock valued at $3,472,000 after purchasing an additional 180 shares during the period. Summit Trail Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 223.1% during the fourth quarter. Summit Trail Advisors LLC now owns 91,361 shares of the exchange traded fund’s stock valued at $27,698,000 after purchasing an additional 63,083 shares during the period. Connecticut Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 5.1% in the fourth quarter. Connecticut Wealth Management LLC now owns 29,665 shares of the exchange traded fund’s stock worth $8,993,000 after buying an additional 1,444 shares in the last quarter. Finally, Pointe Capital Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 4.1% in the fourth quarter. Pointe Capital Management LLC now owns 29,110 shares of the exchange traded fund’s stock worth $8,825,000 after buying an additional 1,134 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF traded up $4.34 during mid-day trading on Monday, reaching $335.84. 814,446 shares of the company traded hands, compared to its average volume of 1,371,932. iShares Russell 1000 Growth ETF has a 52 week low of $246.29 and a 52 week high of $340.83. The firm has a market cap of $88.85 billion, a PE ratio of 35.64 and a beta of 1.20. The company’s 50 day moving average price is $331.23 and its 200-day moving average price is $310.50.

About iShares Russell 1000 Growth ETF

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.