Advisor Resource Council Acquires 3,608 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Advisor Resource Council increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 188.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,527 shares of the exchange traded fund’s stock after purchasing an additional 3,608 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 0.8% of Advisor Resource Council’s portfolio, making the stock its 24th biggest holding. Advisor Resource Council’s holdings in iShares Russell 1000 Growth ETF were worth $1,863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cranbrook Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $30,000. Creekmur Asset Management LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $33,000. Planned Solutions Inc. bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $34,000. Frazier Financial Advisors LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $36,000. Finally, Sound Income Strategies LLC lifted its holdings in iShares Russell 1000 Growth ETF by 772.2% in the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 139 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.9 %

IWF stock traded up $3.21 during trading on Thursday, reaching $374.18. The stock had a trading volume of 868,844 shares, compared to its average volume of 1,339,812. iShares Russell 1000 Growth ETF has a 52 week low of $256.01 and a 52 week high of $374.23. The stock’s 50 day moving average is $347.31 and its two-hundred day moving average is $330.48. The firm has a market cap of $98.99 billion, a PE ratio of 35.64 and a beta of 1.20.

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.