Wealth Alliance LLC Grows Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Wealth Alliance LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 216.4% in the third quarter, Holdings Channel.com reports. The firm owned 1,778 shares of the exchange traded fund’s stock after acquiring an additional 1,216 shares during the quarter. Wealth Alliance LLC’s holdings in iShares Russell 1000 Growth ETF were worth $833,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Breakwater Capital Group increased its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the third quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock worth $17,872,000 after purchasing an additional 1,095 shares in the last quarter. First Horizon Corp acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $39,629,000. Dynasty Wealth Management LLC purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $16,626,000. Advyzon Investment Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the second quarter worth approximately $615,000. Finally, Permanent Capital Management LP purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $4,100,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.7%

IWF stock opened at $453.86 on Friday. The company has a market capitalization of $116.73 billion, a P/E ratio of 33.43 and a beta of 1.13. The business has a 50 day simple moving average of $466.86 and a 200-day simple moving average of $465.44. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00.

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.