Berbice Capital Management LLC Buys Shares of 3,044 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Berbice Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, Holdings Channel.com reports. The firm bought 3,044 shares of the exchange traded fund’s stock, valued at approximately $1,222,000. iShares Russell 1000 Growth ETF comprises about 1.0% of Berbice Capital Management LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Cardinal Point Capital Management ULC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 26 shares during the period. Chemistry Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 2.7% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 27 shares during the period. Stonehearth Capital Management LLC increased its position in iShares Russell 1000 Growth ETF by 1.4% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after purchasing an additional 28 shares during the period. Barnett & Company Inc. increased its position in iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 29 shares during the period. Finally, Traynor Capital Management Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 5.0% during the 3rd quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 31 shares during the period.

iShares Russell 1000 Growth ETF Stock Up 0.6 %

Shares of IWF opened at $418.19 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $310.51 and a 12-month high of $419.53. The business’s fifty day moving average is $404.52 and its 200 day moving average is $381.44. The stock has a market cap of $110.63 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.