Steele Capital Management Inc. Acquires New Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Steele Capital Management Inc. purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 807 shares of the exchange traded fund’s stock, valued at approximately $245,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pathstone Family Office LLC lifted its position in iShares Russell 1000 Growth ETF by 7,295.0% during the third quarter. Pathstone Family Office LLC now owns 5,713,590 shares of the exchange traded fund’s stock valued at $1,519,758,000 after purchasing an additional 5,636,327 shares during the last quarter. Morgan Stanley increased its stake in iShares Russell 1000 Growth ETF by 18.7% in the third quarter. Morgan Stanley now owns 23,848,988 shares of the exchange traded fund’s stock valued at $6,343,593,000 after acquiring an additional 3,765,550 shares during the last quarter. International Assets Investment Management LLC raised its position in iShares Russell 1000 Growth ETF by 29,857.6% during the fourth quarter. International Assets Investment Management LLC now owns 2,699,781 shares of the exchange traded fund’s stock valued at $818,493,000 after purchasing an additional 2,690,769 shares in the last quarter. TIAA Trust National Association bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth about $613,391,000. Finally, Scarborough Advisors LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 207,223.3% in the 3rd quarter. Scarborough Advisors LLC now owns 1,548,705 shares of the exchange traded fund’s stock worth $411,940,000 after purchasing an additional 1,547,958 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Down 0.4 %

Shares of NYSEARCA IWF traded down $1.30 during trading hours on Tuesday, reaching $327.13. 142,982 shares of the stock traded hands, compared to its average volume of 1,385,928. The company’s 50-day simple moving average is $331.20 and its two-hundred day simple moving average is $308.56. The company has a market capitalization of $86.67 billion, a P/E ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52-week low of $241.41 and a 52-week high of $340.83.

About iShares Russell 1000 Growth ETF

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.