iShares Russell 1000 Growth ETF $IWF Shares Purchased by Pointe Capital Management LLC

Pointe Capital Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,488 shares of the exchange traded fund’s stock after purchasing an additional 1,769 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 8.6% of Pointe Capital Management LLC’s investment portfolio, making the stock its biggest position. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Manning & Napier Advisors LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $47,000. Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% during the 3rd 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 in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth $53,000. Capital A Wealth Management LLC increased its stake in iShares Russell 1000 Growth ETF by 298.1% during the 2nd quarter. Capital A Wealth Management LLC now owns 207 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 155 shares during the period. Finally, Main Street Group LTD lifted its holdings in iShares Russell 1000 Growth ETF by 101.0% in the 3rd quarter. Main Street Group LTD now owns 201 shares of the exchange traded fund’s stock worth $94,000 after buying an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $443.71 on Wednesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The stock’s 50-day simple moving average is $458.46 and its 200-day simple moving average is $466.19. The firm has a market cap of $114.12 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.