Eagle Ridge Investment Management Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Eagle Ridge Investment Management purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 600 shares of the exchange traded fund’s stock, valued at approximately $202,000.

A number of other institutional investors also recently modified their holdings of the business. Cranbrook Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $30,000. Creekmur Asset Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $33,000. Planned Solutions Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $34,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $36,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 139 shares in the last quarter.

iShares Russell 1000 Growth ETF Trading Up 0.8 %

IWF traded up $3.04 on Tuesday, reaching $370.97. The stock had a trading volume of 965,168 shares, compared to its average volume of 1,343,550. The firm has a 50-day moving average of $346.37 and a 200-day moving average of $329.99. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $370.98. The company has a market capitalization of $98.14 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

iShares Russell 1000 Growth ETF 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.