Flagstar Advisors Inc. Buys 1,405 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Flagstar Advisors Inc. boosted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,693 shares of the exchange traded fund’s stock after purchasing an additional 1,405 shares during the quarter. iShares Russell 1000 Growth ETF makes up 1.7% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 11th largest position. Flagstar Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $6,704,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. boosted its stake in iShares Russell 1000 Growth ETF by 1.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 10,428 shares of the exchange traded fund’s stock valued at $3,914,000 after buying an additional 196 shares during the period. Evernest Financial Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the third quarter worth approximately $205,000. Telos Capital Management Inc. raised its stake in iShares Russell 1000 Growth ETF by 67.9% in the third quarter. Telos Capital Management Inc. now owns 1,855 shares of the exchange traded fund’s stock valued at $696,000 after purchasing an additional 750 shares in the last quarter. Tull Financial Group Inc. bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $898,000. Finally, Sequoia Financial Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 9.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 16,600 shares of the exchange traded fund’s stock worth $6,231,000 after buying an additional 1,424 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $416.33 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The stock has a market cap of $110.14 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm’s fifty day moving average price is $409.30 and its 200-day moving average price is $387.90.

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.