TRUE Private Wealth Advisors Purchases Shares of 2,245 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

TRUE Private Wealth Advisors bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,245 shares of the exchange traded fund’s stock, valued at approximately $681,000.

Other hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $25,000. BluePath Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $30,000. Planned Solutions Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $34,000. Finally, True Wealth Design LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $34,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA IWF opened at $324.24 on Thursday. The stock has a fifty day moving average price of $331.75 and a 200 day moving average price of $305.35. iShares Russell 1000 Growth ETF has a 1-year low of $239.23 and a 1-year high of $340.83. The company has a market cap of $85.91 billion, a PE 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.