RPg Family Wealth Advisory LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,587 shares of the exchange traded fund’s stock, valued at approximately $2,149,000.

Other large investors have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $32,000. Manning & Napier Advisors LLC bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $47,000. Flagship Wealth Advisors LLC increased its stake in iShares Russell 1000 Growth ETF by 131.9% during the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth $53,000. Finally, Compass Financial Services Inc bought a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $62,000. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Stock Down 0.6%

IWF opened at $448.66 on Wednesday. The company’s 50-day moving average price is $464.20 and its 200 day moving average price is $466.02. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The firm has a market cap of $115.40 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.