Summit Financial LLC Buys 2,768 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Summit Financial LLC lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,656 shares of the exchange traded fund’s stock after buying an additional 2,768 shares during the quarter. Summit Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $15,122,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $28,000. Peterson Wealth Services bought a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $35,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $46,000. Finally, one8zero8 LLC bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $47,000.

iShares Russell 1000 Growth ETF Trading Down 2.6 %

Shares of NYSEARCA IWF opened at $360.54 on Monday. The company has a market capitalization of $94.55 billion, a P/E 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 stock has a 50 day moving average of $394.14 and a 200-day moving average of $392.67.

iShares Russell 1000 Growth ETF 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.