Foundation Wealth Management LLC PA Invests $5.40 Million in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Foundation Wealth Management LLC PA acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,445 shares of the exchange traded fund’s stock, valued at approximately $5,399,000. iShares Russell 1000 Growth ETF comprises approximately 2.6% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $27,000. Signature Resources Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at $28,000. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $27,000. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth $35,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at $46,000.

iShares Russell 1000 Growth ETF Stock Down 2.2 %

iShares Russell 1000 Growth ETF stock opened at $372.04 on Thursday. The stock has a market cap of $97.57 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. iShares Russell 1000 Growth ETF has a 12-month low of $315.24 and a 12-month high of $419.53. The business’s 50-day simple moving average is $395.71 and its 200 day simple moving average is $392.27.

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.