Archer Investment Corp Boosts Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Archer Investment Corp raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,511 shares of the exchange traded fund’s stock after buying an additional 136 shares during the period. Archer Investment Corp’s holdings in iShares Russell 1000 Growth ETF were worth $1,671,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Insight Wealth Strategies LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 17.2% during the fourth quarter. Insight Wealth Strategies LLC now owns 1,431 shares of the exchange traded fund’s stock worth $434,000 after purchasing an additional 210 shares during the period. RFG Advisory LLC raised its stake in iShares Russell 1000 Growth ETF by 7.9% in the fourth quarter. RFG Advisory LLC now owns 43,111 shares of the exchange traded fund’s stock worth $13,070,000 after buying an additional 3,144 shares in the last quarter. Drive Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 5.4% in the third quarter. Drive Wealth Management LLC now owns 1,402 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 72 shares in the last quarter. Chilton Capital Management LLC raised its stake in iShares Russell 1000 Growth ETF by 9.4% in the fourth quarter. Chilton Capital Management LLC now owns 2,589 shares of the exchange traded fund’s stock worth $785,000 after buying an additional 223 shares in the last quarter. Finally, Oak Ridge Investments LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth about $680,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock traded down $2.29 during trading on Wednesday, reaching $324.73. The company had a trading volume of 722,120 shares, compared to its average volume of 1,395,893. iShares Russell 1000 Growth ETF has a 52 week low of $239.23 and a 52 week high of $340.83. The business has a 50 day moving average of $331.78 and a 200 day moving average of $305.22. The company has a market cap of $86.04 billion, a P/E ratio of 36.72 and a beta of 1.20.

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.