Litman Gregory Wealth Management LLC Takes $269,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Litman Gregory Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 888 shares of the exchange traded fund’s stock, valued at approximately $269,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Moneta Group Investment Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 145,777.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 223,496,182 shares of the exchange traded fund’s stock valued at $47,881,822,000 after buying an additional 223,342,974 shares in the last quarter. Pathstone Family Office LLC boosted its position in iShares Russell 1000 Growth ETF by 7,295.0% in 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 buying an additional 5,636,327 shares in the last quarter. Morgan Stanley boosted its position 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 buying an additional 3,765,550 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of 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 worth $818,493,000 after purchasing an additional 2,690,769 shares in the last quarter. Finally, TIAA Trust National Association acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $613,391,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded down $6.33 during trading hours on Friday, reaching $316.15. 2,831,155 shares of the company were exchanged, compared to its average volume of 1,442,943. iShares Russell 1000 Growth ETF has a fifty-two week low of $239.23 and a fifty-two week high of $340.83. The stock’s fifty day moving average is $331.41 and its two-hundred day moving average is $305.80. The company has a market cap of $83.76 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

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.