Potentia Wealth Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Potentia Wealth purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,412 shares of the exchange traded fund’s stock, valued at approximately $7,394,000. iShares Russell 1000 Growth ETF comprises approximately 3.3% of Potentia Wealth’s investment portfolio, making the stock its 5th largest position.

Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $27,000. Runnymede Capital Advisors Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $28,000. Peterson Wealth Services purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $35,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth about $46,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $377.95 on Tuesday. The company’s 50-day simple moving average is $396.67 and its 200-day simple moving average is $392.17. iShares Russell 1000 Growth ETF has a 1 year low of $315.24 and a 1 year high of $419.53. The stock has a market capitalization of $99.12 billion, a PE ratio of 31.83 and a beta of 1.11.

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.