Kelly Financial Group LLC Acquires New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Kelly Financial Group LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, HoldingsChannel reports. The firm acquired 36,826 shares of the exchange traded fund’s stock, valued at approximately $14,789,000. iShares Russell 1000 Growth ETF accounts for approximately 5.1% of Kelly Financial Group LLC’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC boosted its stake in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock valued at $263,814,000 after purchasing an additional 655,457 shares in the last quarter. Wellington Management Group LLP lifted its stake in iShares Russell 1000 Growth ETF by 5,975.8% in the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after purchasing an additional 532,085 shares during the last quarter. Bryn Mawr Capital Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 1,072.5% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after buying an additional 270,335 shares during the last quarter. Choreo LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 34.9% during the fourth quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock worth $272,261,000 after buying an additional 174,889 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth $58,278,000.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

NYSEARCA IWF opened at $394.60 on Monday. The company has a market cap of $102.62 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53. The business’s fifty day moving average is $407.72 and its 200 day moving average is $391.19.

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.