Glassy Mountain Advisors Inc. Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Glassy Mountain Advisors Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 523 shares of the exchange traded fund’s stock, valued at approximately $210,000.

A number of other hedge funds have also modified their holdings of IWF. Smith Salley Wealth Management raised its holdings in iShares Russell 1000 Growth ETF by 14.3% during the 4th quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after buying an additional 407 shares during the period. Affiance Financial LLC raised its holdings in iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock worth $12,061,000 after buying an additional 1,322 shares during the period. Independent Advisor Alliance raised its holdings in iShares Russell 1000 Growth ETF by 8.4% during the 3rd quarter. Independent Advisor Alliance now owns 1,125 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 87 shares during the period. AA Financial Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $278,000. Finally, Barnett & Company Inc. raised its holdings in iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after buying an additional 29 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $412.88 on Friday. The company has a market capitalization of $109.23 billion, a P/E ratio of 35.64 and a beta of 1.20. The company’s 50 day moving average price is $407.93 and its two-hundred day moving average price is $383.99. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week high of $419.53.

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.