iShares Russell 1000 Growth ETF $IWF Shares Acquired by Tandem Financial LLC

Tandem Financial LLC raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 84.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,588 shares of the exchange traded fund’s stock after acquiring an additional 8,484 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 8.5% of Tandem Financial LLC’s holdings, making the stock its 2nd largest holding. Tandem Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,798,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IWF. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $27,000. Concord Wealth Partners raised its holdings in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. Networth Advisors LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $32,000. Finally, Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $128.77 on Tuesday. The business has a 50 day simple moving average of $117.33 and a two-hundred day simple moving average of $116.52. iShares Russell 1000 Growth ETF has a 12 month low of $99.14 and a 12 month high of $129.14. The stock has a market capitalization of $134.49 billion, a P/E ratio of 33.43 and a beta of 1.16.

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.