RiverTree Advisors LLC Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

RiverTree Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,756 shares of the exchange traded fund’s stock, valued at approximately $3,115,000. iShares Russell 1000 Growth ETF accounts for 2.0% of RiverTree Advisors LLC’s holdings, making the stock its 17th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $27,000. ORG Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF during the third quarter worth approximately $31,000. Nemes Rush Group LLC raised its holdings in iShares Russell 1000 Growth ETF by 188.2% in the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 64 shares during the last quarter. Kimelman & Baird LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth $47,000. Finally, Capital Performance Advisors LLP acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter worth about $51,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $406.98 on Monday. The firm’s 50-day simple moving average is $403.79 and its 200-day simple moving average is $380.70. iShares Russell 1000 Growth ETF has a 1-year low of $304.85 and a 1-year high of $419.53. The firm has a market cap of $107.67 billion, a P/E 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.