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

Pointe Capital Management LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 32,695 shares of the exchange traded fund’s stock after buying an additional 589 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 7.5% of Pointe Capital Management LLC’s portfolio, making the stock its largest holding. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $13,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in IWF. Signature Resources Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $28,000. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $27,000. Peterson Wealth Services bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $35,000. Capital Performance Advisors LLP acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $51,000. Finally, Abound Wealth Management boosted its position 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 period.

iShares Russell 1000 Growth ETF Trading Down 1.0 %

Shares of IWF stock opened at $396.72 on Wednesday. The firm 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 has a 1 year low of $315.24 and a 1 year high of $419.53. The firm’s fifty day simple moving average is $408.37 and its 200 day simple moving average is $390.32.

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.