1,577 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,577 shares of the exchange traded fund’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Confluence Wealth Services Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 16.2% in the 1st quarter. Confluence Wealth Services Inc. now owns 226,222 shares of the exchange traded fund’s stock valued at $76,248,000 after buying an additional 31,466 shares in the last quarter. Bay Rivers Group acquired a new position in iShares Russell 1000 Growth ETF during the first quarter valued at approximately $213,000. PFG Investments LLC raised its position in iShares Russell 1000 Growth ETF by 1,713.3% during the first quarter. PFG Investments LLC now owns 40,781 shares of the exchange traded fund’s stock valued at $13,745,000 after purchasing an additional 38,532 shares in the last quarter. Drive Wealth Management LLC lifted its stake in iShares Russell 1000 Growth ETF by 40.4% during the first quarter. Drive Wealth Management LLC now owns 3,905 shares of the exchange traded fund’s stock worth $1,316,000 after purchasing an additional 1,124 shares during the last quarter. Finally, New Perspectives Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at $356,000.

iShares Russell 1000 Growth ETF Stock Down 1.7 %

Shares of IWF traded down $5.59 during midday trading on Tuesday, hitting $322.84. The company’s stock had a trading volume of 849,454 shares, compared to its average volume of 1,395,447. iShares Russell 1000 Growth ETF has a one year low of $241.41 and a one year high of $340.83. The stock has a market capitalization of $85.54 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20. The company’s fifty day simple moving average is $331.21 and its two-hundred day simple moving average is $308.91.

About iShares Russell 1000 Growth ETF

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.