Pointe Capital Management LLC Raises Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Pointe Capital Management LLC raised its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 9.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,934 shares of the exchange traded fund’s stock after purchasing an additional 2,824 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 6.7% of Pointe Capital Management LLC’s portfolio, making the stock its 2nd largest holding. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,764,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 5.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 19,485 shares of the exchange traded fund’s stock valued at $5,907,000 after purchasing an additional 980 shares in the last quarter. Three Bridge Wealth Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% in the 4th quarter. Three Bridge Wealth Advisors LLC now owns 16,950 shares of the exchange traded fund’s stock worth $5,139,000 after acquiring an additional 185 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 5.3% in the 4th quarter. Signaturefd LLC now owns 1,599,618 shares of the exchange traded fund’s stock worth $484,956,000 after acquiring an additional 80,667 shares in the last quarter. Savvy Advisors Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $814,000. Finally, Logan Capital Management Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 234.7% in the 4th quarter. Logan Capital Management Inc. now owns 15,467 shares of the exchange traded fund’s stock worth $4,689,000 after acquiring an additional 10,846 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF traded up $1.14 on Monday, hitting $377.97. The company’s stock had a trading volume of 1,274,556 shares, compared to its average volume of 1,336,751. The company has a market capitalization of $99.99 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82. The company has a 50 day moving average price of $356.41 and a 200 day moving average price of $335.20.

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.