Vestmark Advisory Solutions Inc. Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,866 shares of the exchange traded fund’s stock, valued at approximately $1,954,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWF. Smith Salley Wealth Management increased its holdings in iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after buying an additional 407 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 0.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock valued at $8,465,000 after buying an additional 111 shares during the period. Affiance Financial LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 4.6% in the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after buying an additional 1,322 shares during the last quarter. Clientfirst Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $11,350,000. Finally, Realta Investment Advisors purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $1,095,000.

iShares Russell 1000 Growth ETF Trading Up 0.4 %

iShares Russell 1000 Growth ETF stock opened at $378.85 on Friday. The firm has a market cap of $98.52 billion, a PE ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 12 month low of $315.24 and a 12 month high of $419.53. The stock’s 50 day simple moving average is $404.52 and its two-hundred day simple moving average is $391.42.

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.