Richardson Capital Management LLC Purchases 5,311 Shares of iShares Russell 1000 Growth ETF $IWF

Richardson Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,311 shares of the exchange traded fund’s stock, valued at approximately $665,000. iShares Russell 1000 Growth ETF makes up 0.3% of Richardson Capital Management LLC’s holdings, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWF. Main Street Group LTD bought a new position in iShares Russell 1000 Growth ETF during the first quarter valued at about $64,000. Piedmont Capital Management LLC NC bought a new stake in iShares Russell 1000 Growth ETF in the first quarter worth about $70,000. GKV Capital Management Co. Inc. bought a new stake in iShares Russell 1000 Growth ETF in the first quarter worth about $85,000. Roxbury Financial LLC raised its position in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares in the last quarter. Finally, Godsey & Gibb Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $29,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.4%

Shares of NYSEARCA IWF opened at $119.61 on Friday. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.80. The company has a market capitalization of $122.59 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The firm has a 50-day moving average of $123.84 and a two-hundred day moving average of $122.16.

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