Evanson Financial LLC Acquires Shares of 40,758 iShares Russell 1000 Growth ETF $IWF

Evanson Financial LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, HoldingsChannel reports. The firm bought 40,758 shares of the exchange traded fund’s stock, valued at approximately $5,061,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Godsey & Gibb Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Concord Wealth Partners boosted its holdings in iShares Russell 1000 Growth ETF by 210.0% in the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $30,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $28,000. Finally, Networth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $123.50 on Friday. The company has a market cap of $126.54 billion, a PE ratio of 33.43 and a beta of 1.17. The stock’s 50 day simple moving average is $121.82 and its 200-day simple moving average is $117.62. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14.

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