GFG Capital LLC Buys 11,334 Shares of iShares Russell 1000 Growth ETF $IWF

GFG Capital LLC increased its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 963.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,511 shares of the exchange traded fund’s stock after acquiring an additional 11,334 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 2.1% of GFG Capital LLC’s portfolio, making the stock its 18th largest position. GFG Capital LLC’s holdings in iShares Russell 1000 Growth ETF were worth $5,922,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. Manning & Napier Advisors LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $47,000. Flagship Wealth Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $53,000. Finally, Main Street Group LTD raised its holdings in shares of iShares Russell 1000 Growth ETF by 101.0% during the 3rd quarter. Main Street Group LTD now owns 201 shares of the exchange traded fund’s stock valued at $94,000 after buying an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $426.40 on Wednesday. The company has a market capitalization of $109.67 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The business has a 50 day moving average of $449.42 and a 200 day moving average of $464.47. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.