Litman Gregory Wealth Management LLC Purchases Shares of 888 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Litman Gregory Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 888 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth about $27,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $34,000. Finally, Sound Income Strategies LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares during the last quarter.

iShares Russell 1000 Growth ETF Trading Down 2.0 %

Shares of NYSEARCA IWF traded down $6.33 during midday trading on Friday, reaching $316.15. 2,831,155 shares of the company were exchanged, compared to its average volume of 1,442,943. iShares Russell 1000 Growth ETF has a 1 year low of $239.23 and a 1 year high of $340.83. The stock has a fifty day simple moving average of $331.41 and a 200 day simple moving average of $305.80. The stock has a market cap of $83.76 billion, a P/E ratio of 36.72 and a beta of 1.20.

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.