HORAN Wealth LLC Takes $3.86 Million Position in iShares Russell 1000 Growth ETF $IWF

HORAN Wealth LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, HoldingsChannel reports. The firm purchased 8,249 shares of the exchange traded fund’s stock, valued at approximately $3,864,000.

A number of other hedge funds also recently bought and sold shares of IWF. Endowment Wealth Management Inc. bought a new position in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth approximately $210,000. First Horizon Corp bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $39,629,000. Dynasty Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at approximately $16,626,000. Advyzon Investment Management LLC bought a new position in iShares Russell 1000 Growth ETF in the second quarter worth approximately $615,000. Finally, Permanent Capital Management LP bought a new position in iShares Russell 1000 Growth ETF in the third quarter worth approximately $4,100,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock opened at $453.94 on Thursday. The company has a market cap of $116.75 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00. The firm has a fifty day moving average price of $472.69 and a 200-day moving average price of $464.40.

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.