M.E. Allison & CO. Inc. Buys Shares of 646 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

M.E. Allison & CO. Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 646 shares of the exchange traded fund’s stock, valued at approximately $259,000.

Several other institutional investors have also bought and sold shares of the company. Cardinal Point Capital Management ULC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 26 shares in the last quarter. Chemistry Wealth Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 2.7% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 27 shares in the last quarter. Stonehearth Capital Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 1.4% in the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after purchasing an additional 28 shares in the last quarter. Barnett & Company Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 29 shares during the period. Finally, Traynor Capital Management Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 5.0% in the third quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 31 shares in the last quarter.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $406.98 on Monday. The company has a market capitalization of $107.67 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm’s 50 day simple moving average is $403.79 and its 200 day simple moving average is $380.70. iShares Russell 1000 Growth ETF has a 1-year low of $304.85 and a 1-year high of $419.53.

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.