Wealthfront Advisers LLC Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Wealthfront Advisers LLC acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,085 shares of the exchange traded fund’s stock, valued at approximately $4,050,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Smith Salley Wealth Management grew its holdings in iShares Russell 1000 Growth ETF by 14.3% during the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after acquiring an additional 407 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock worth $8,465,000 after buying an additional 111 shares in the last quarter. Affiance Financial LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 4.6% during the 4th quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after acquiring an additional 1,322 shares during the period. Clientfirst Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $11,350,000. Finally, Realta Investment Advisors acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $1,095,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $360.07 on Friday. The stock has a market cap of $93.64 billion, a PE 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 stock has a fifty day moving average price of $401.44 and a 200 day moving average price of $391.32.

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.