Foster Victor Wealth Advisors LLC Makes New Investment in iShares Russell 1000 Growth ETF $IWF

Foster Victor Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the third quarter, HoldingsChannel.com reports. The firm acquired 4,794 shares of the exchange traded fund’s stock, valued at approximately $588,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. SageGuard Financial Group LLC lifted its position in iShares Russell 1000 Growth ETF by 4.4% during the first quarter. SageGuard Financial Group LLC now owns 587 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 25 shares during the period. Walkner Condon Financial Advisors LLC boosted its stake in iShares Russell 1000 Growth ETF by 0.8% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 3,494 shares of the exchange traded fund’s stock worth $1,490,000 after buying an additional 29 shares during the last quarter. Richards Merrill & Peterson Inc. boosted its stake in iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares during the last quarter. Foster & Motley Inc. boosted its stake in iShares Russell 1000 Growth ETF by 3.8% in the 1st quarter. Foster & Motley Inc. now owns 891 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 33 shares during the last quarter. Finally, Berger Financial Group Inc grew its holdings in iShares Russell 1000 Growth ETF by 2.8% in the 1st quarter. Berger Financial Group Inc now owns 1,368 shares of the exchange traded fund’s stock valued at $583,000 after buying an additional 37 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $120.09 on Friday. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.80. The business has a 50-day moving average of $123.95 and a two-hundred day moving average of $122.18. The stock has a market capitalization of $123.08 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16.

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