Keystone Financial Group Buys Shares of 677 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Keystone Financial Group purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 677 shares of the exchange traded fund’s stock, valued at approximately $272,000.

Several other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at about $1,367,267,000. Sumitomo Mitsui Financial Group Inc. bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $279,993,000. Strategic Financial Concepts LLC boosted its holdings in iShares Russell 1000 Growth ETF by 44,227.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after purchasing an additional 655,457 shares during the last quarter. Prudential Financial Inc. grew its position in iShares Russell 1000 Growth ETF by 100.9% in the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock worth $333,791,000 after purchasing an additional 417,507 shares during the period. Finally, Wells Fargo & Company MN raised its stake in iShares Russell 1000 Growth ETF by 9.8% during the 4th quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock valued at $1,812,823,000 after buying an additional 402,405 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $352.21 on Tuesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $419.53. The company has a market cap of $93.48 billion, a P/E ratio of 31.13 and a beta of 1.15. The stock’s fifty day moving average price is $377.25 and its 200-day moving average price is $390.24.

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.