Sincerus Advisory LLC Invests $965,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Sincerus Advisory LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,404 shares of the exchange traded fund’s stock, valued at approximately $965,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at about $27,000. Signature Resources Capital Management LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $28,000. Peterson Wealth Services purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $35,000. Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $51,000. Finally, Abound Wealth Management lifted its holdings in iShares Russell 1000 Growth ETF by 14,500.0% in the 4th quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 145 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 1.0 %

NYSEARCA:IWF opened at $396.72 on Wednesday. The firm’s fifty day simple moving average is $408.37 and its 200 day simple moving average is $390.32. The stock has a market cap of $103.17 billion, a P/E ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53.

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.