495 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Acquired by Absolute Capital Management LLC

Absolute Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 495 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Several other hedge funds have also made changes to their positions in IWF. Smith Salley Wealth Management grew its position in shares of iShares Russell 1000 Growth ETF by 14.3% during 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 in the last quarter. J.W. Cole Advisors Inc. increased its position in iShares Russell 1000 Growth ETF by 0.5% during 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 purchasing an additional 111 shares during the period. Affiance Financial LLC increased its position in iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after purchasing an additional 1,322 shares during the period. Clientfirst Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $11,350,000. Finally, Realta Investment Advisors purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $1,095,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $368.20 on Friday. The company has a market capitalization of $96.56 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. The company’s 50-day simple moving average is $397.61 and its two-hundred day simple moving average is $391.45. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53.

iShares Russell 1000 Growth ETF 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.