Destination Wealth Management Acquires 40 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Destination Wealth Management grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 3,092 shares of the exchange traded fund’s stock after purchasing an additional 40 shares during the quarter. Destination Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,242,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $28,000. Peterson Wealth Services acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $35,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at $46,000. Finally, Capital Performance Advisors LLP acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $51,000.

iShares Russell 1000 Growth ETF Stock Down 2.8 %

NYSEARCA IWF opened at $377.24 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53. The company has a market cap of $98.10 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The business’s fifty day moving average is $405.15 and its 200 day moving average is $391.35.

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.