Concurrent Investment Advisors LLC Buys 52 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Concurrent Investment Advisors LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,617 shares of the exchange traded fund’s stock after purchasing an additional 52 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,256,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Advyzon Investment Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $416,000. WealthBridge Capital Management LLC grew its stake in iShares Russell 1000 Growth ETF by 1.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 6,228 shares of the exchange traded fund’s stock worth $2,501,000 after acquiring an additional 106 shares in the last quarter. Wealth Alliance boosted its stake in shares of iShares Russell 1000 Growth ETF by 530.8% during the fourth quarter. Wealth Alliance now owns 3,930 shares of the exchange traded fund’s stock valued at $1,578,000 after purchasing an additional 3,307 shares in the last quarter. Sunpointe LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 14.1% during the fourth quarter. Sunpointe LLC now owns 1,842 shares of the exchange traded fund’s stock valued at $740,000 after purchasing an additional 227 shares in the last quarter. Finally, Ieq Capital LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 39.0% during the fourth quarter. Ieq Capital LLC now owns 383,114 shares of the exchange traded fund’s stock valued at $153,851,000 after purchasing an additional 107,402 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $404.88 on Friday. The firm’s 50 day moving average price is $409.15 and its 200-day moving average price is $388.78. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The company has a market cap of $107.11 billion, a PE 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.