Daner Wealth Management LLC Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Daner Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,375 shares of the exchange traded fund’s stock, valued at approximately $565,000. iShares Russell 1000 Growth ETF makes up approximately 0.4% of Daner Wealth Management LLC’s portfolio, making the stock its 29th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $27,000. Signature Resources Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $28,000. Peterson Wealth Services bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. Capital Performance Advisors LLP acquired a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $51,000. Finally, Abound Wealth Management raised its stake in shares of iShares Russell 1000 Growth ETF by 14,500.0% in the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 145 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $396.72 on Wednesday. The business’s 50 day simple moving average is $408.37 and its 200-day simple moving average is $390.32. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The company has a market capitalization of $103.17 billion, a P/E ratio of 36.11 and a beta of 1.09.

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.