Magnolia Private Wealth LLC Invests $953,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Magnolia Private Wealth LLC bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, HoldingsChannel reports. The fund bought 2,373 shares of the exchange traded fund’s stock, valued at approximately $953,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cardinal Point Capital Management ULC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 2.8% in the 4th quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after purchasing an additional 26 shares during the last quarter. Journey Strategic Wealth LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the fourth quarter. Journey Strategic Wealth LLC now owns 6,323 shares of the exchange traded fund’s stock valued at $2,539,000 after acquiring an additional 26 shares during the period. Chemistry Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 2.7% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 27 shares during the period. Stonehearth Capital Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 28 shares during the last quarter. Finally, Chicago Capital LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% in the 4th quarter. Chicago Capital LLC now owns 2,765 shares of the exchange traded fund’s stock worth $1,111,000 after acquiring an additional 28 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 1.0 %

iShares Russell 1000 Growth ETF stock opened at $396.72 on Wednesday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The firm has a market capitalization of $103.17 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The firm has a 50-day moving average price of $408.37 and a two-hundred day moving average price of $390.32.

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.