Edge Financial Advisors LLC Invests $270,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Edge Financial Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 801 shares of the exchange traded fund’s stock, valued at approximately $270,000.

Other hedge funds have also recently made changes to their positions in the company. Sands Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $121,000. Royal Bank of Canada lifted its position in iShares Russell 1000 Growth ETF by 5.9% in the 3rd quarter. Royal Bank of Canada now owns 1,628,053 shares of the exchange traded fund’s stock valued at $433,047,000 after acquiring an additional 90,594 shares in the last quarter. Crestwood Advisors Group LLC lifted its position in iShares Russell 1000 Growth ETF by 65.0% in the 3rd quarter. Crestwood Advisors Group LLC now owns 17,899 shares of the exchange traded fund’s stock valued at $4,761,000 after acquiring an additional 7,054 shares in the last quarter. Dana Investment Advisors Inc. lifted its position in iShares Russell 1000 Growth ETF by 12.0% in the 3rd quarter. Dana Investment Advisors Inc. now owns 1,213 shares of the exchange traded fund’s stock valued at $323,000 after acquiring an additional 130 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in iShares Russell 1000 Growth ETF by 44.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 573,902 shares of the exchange traded fund’s stock valued at $152,652,000 after buying an additional 177,621 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Up 0.8 %

IWF traded up $2.83 during mid-day trading on Friday, reaching $377.01. 429,646 shares of the company traded hands, compared to its average volume of 1,332,454. The stock has a market capitalization of $99.74 billion, a P/E ratio of 35.64 and a beta of 1.20. The company’s fifty day moving average price is $349.35 and its 200-day moving average price is $331.09. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $377.05.

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.