Focus Partners Wealth Buys 583,623 Shares of iShares Russell 1000 Growth ETF $IWF

Focus Partners Wealth lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 44.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,908,493 shares of the exchange traded fund’s stock after acquiring an additional 583,623 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.0% of Focus Partners Wealth’s holdings, making the stock its 16th biggest position. Focus Partners Wealth owned about 0.74% of iShares Russell 1000 Growth ETF worth $903,193,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Godsey & Gibb Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $27,000. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares during the period. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $30,000. Networth Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $32,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $35,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.0%

Shares of NYSEARCA:IWF opened at $121.61 on Friday. The stock has a 50 day moving average of $120.45 and a 200 day moving average of $116.97. The company has a market cap of $127.01 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a 12-month low of $100.47 and a 12-month high of $129.14.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.