Wealth Alliance LLC Boosts Holdings in iShares Russell 1000 Growth ETF $IWF

Wealth Alliance LLC lifted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 216.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,778 shares of the exchange traded fund’s stock after purchasing an additional 1,216 shares during the period. Wealth Alliance LLC’s holdings in iShares Russell 1000 Growth ETF were worth $833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Bell Investment Advisors Inc acquired a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth about $32,000. Manning & Napier Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $47,000. Flagship Wealth Advisors LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 131.9% in the third quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 62 shares in the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth approximately $53,000. Finally, Compass Financial Services Inc purchased a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth approximately $62,000. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $453.86 on Friday. The stock has a 50 day moving average price of $466.86 and a 200 day moving average price of $465.44. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The stock has a market capitalization of $116.73 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.