Flywheel Private Wealth LLC Acquires New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Flywheel Private Wealth LLC bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, Holdings Channel reports. The institutional investor bought 6,887 shares of the exchange traded fund’s stock, valued at approximately $2,766,000. iShares Russell 1000 Growth ETF makes up about 2.5% of Flywheel Private Wealth LLC’s holdings, making the stock its 12th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $27,000. ORG Wealth Partners LLC purchased a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth $31,000. Nemes Rush Group LLC lifted its stake in iShares Russell 1000 Growth ETF by 188.2% in the second quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 64 shares during the last quarter. Kimelman & Baird LLC purchased a new stake in iShares Russell 1000 Growth ETF during the second quarter valued at about $47,000. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $51,000.

iShares Russell 1000 Growth ETF Trading Up 2.4 %

NYSEARCA IWF opened at $404.90 on Thursday. The firm has a market cap of $107.12 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 1-year low of $301.21 and a 1-year high of $419.53. The stock has a 50-day moving average of $403.24 and a 200-day moving average of $380.04.

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.