Advisor Resource Council Acquires 3,608 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Advisor Resource Council lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 188.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,527 shares of the exchange traded fund’s stock after acquiring an additional 3,608 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 0.8% of Advisor Resource Council’s portfolio, making the stock its 24th biggest holding. Advisor Resource Council’s holdings in iShares Russell 1000 Growth ETF were worth $1,863,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cranbrook Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $30,000. Creekmur Asset Management LLC bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $33,000. Planned Solutions Inc. bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $34,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at $36,000. Finally, Sound Income Strategies LLC boosted its stake in iShares Russell 1000 Growth ETF by 772.2% in the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

IWF traded up $3.21 during trading on Thursday, hitting $374.18. The stock had a trading volume of 868,844 shares, compared to its average volume of 1,339,812. The company has a 50 day moving average price of $347.31 and a 200-day moving average price of $330.48. The firm has a market cap of $98.99 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a one year low of $256.01 and a one year high of $374.23.

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.