iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Acquired by Archer Investment Corp

Archer Investment Corp lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,511 shares of the exchange traded fund’s stock after purchasing an additional 136 shares during the quarter. Archer Investment Corp’s holdings in iShares Russell 1000 Growth ETF were worth $1,671,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tower Research Capital LLC TRC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $25,000. BluePath Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $27,000. Cranbrook Wealth Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $30,000. Hibernia Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $32,000. Finally, Planned Solutions Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $34,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF traded down $2.29 during trading hours on Wednesday, reaching $324.73. The company’s stock had a trading volume of 722,120 shares, compared to its average volume of 1,395,893. The stock has a market cap of $86.04 billion, a PE ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $239.23 and a fifty-two week high of $340.83. The company’s 50-day moving average is $331.78 and its two-hundred day moving average is $305.22.

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.