iShares Russell 1000 Growth ETF $IWF Shares Purchased by Tandem Financial LLC

Tandem Financial LLC lifted its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 84.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,588 shares of the exchange traded fund’s stock after purchasing an additional 8,484 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 8.5% of Tandem Financial LLC’s holdings, making the stock its 2nd largest holding. Tandem Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,798,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWF. Revolve Wealth Partners LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after purchasing an additional 153 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 20.5% in the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after purchasing an additional 3,888 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of iShares Russell 1000 Growth ETF by 24.9% in the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after purchasing an additional 849 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 809 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $128.77 on Tuesday. The stock has a market cap of $134.49 billion, a PE ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $99.14 and a one year high of $129.14. The stock has a 50 day moving average price of $117.33 and a 200 day moving average price of $116.52.

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.