Tandem Financial LLC Invests $7.48 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Tandem Financial LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,616 shares of the exchange traded fund’s stock, valued at approximately $7,476,000. iShares Russell 1000 Growth ETF makes up about 8.0% of Tandem Financial LLC’s portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWF. Cardinal Point Capital Management ULC increased its holdings in 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 valued at $381,000 after buying an additional 26 shares during the last quarter. Journey Strategic Wealth LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock worth $2,539,000 after acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.7% in the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 27 shares during the last quarter. Stonehearth Capital Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 28 shares in the last quarter. Finally, Chicago Capital LLC lifted its stake in iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after purchasing an additional 28 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Up 0.6 %

Shares of IWF opened at $412.88 on Friday. The company has a market capitalization of $109.23 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The stock has a 50 day moving average price of $407.93 and a 200 day moving average price of $383.99.

iShares Russell 1000 Growth ETF Company 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.