15,026 Shares in iShares Russell 1000 Growth ETF $IWF Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,026 shares of the exchange traded fund’s stock, valued at approximately $7,112,000. iShares Russell 1000 Growth ETF accounts for 0.9% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 17th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ameritas Advisory Services LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 57.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 92,856 shares of the exchange traded fund’s stock valued at $43,949,000 after purchasing an additional 33,835 shares during the period. Legacy Financial Advisors Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $838,000. Midwest Heritage Bank FSB acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $201,000. World Investment Advisors increased its stake in shares of iShares Russell 1000 Growth ETF by 42.8% in the fourth quarter. World Investment Advisors now owns 13,620 shares of the exchange traded fund’s stock valued at $6,446,000 after purchasing an additional 4,079 shares during the period. Finally, Rollins Financial Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Rollins Financial Advisors LLC now owns 2,890 shares of the exchange traded fund’s stock valued at $1,368,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.1%

Shares of NYSEARCA:IWF opened at $123.35 on Wednesday. The firm’s 50 day moving average is $113.45 and its two-hundred day moving average is $116.02. iShares Russell 1000 Growth ETF has a 52 week low of $97.07 and a 52 week high of $124.03. The firm has a market capitalization of $128.83 billion, a P/E ratio of 33.43 and a beta of 1.16.

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