Ibex Wealth Advisors Purchases Shares of 4,385 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Ibex Wealth Advisors acquired a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,385 shares of the exchange traded fund’s stock, valued at approximately $1,761,000.

Other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth about $27,000. Signature Resources Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $28,000. ORG Wealth Partners LLC purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $31,000. Kimelman & Baird LLC purchased a new position in iShares Russell 1000 Growth ETF during the 2nd quarter valued at $47,000. Finally, Capital Performance Advisors LLP purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at $51,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded down $3.35 during mid-day trading on Wednesday, hitting $409.16. The stock had a trading volume of 100,362 shares, compared to its average volume of 1,719,942. iShares Russell 1000 Growth ETF has a 12-month low of $310.51 and a 12-month high of $419.53. The firm has a market capitalization of $108.24 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm’s 50-day moving average is $406.18 and its two-hundred day moving average is $382.42.

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.