Alcosta Capital Management Inc. Takes $166,000 Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Alcosta Capital Management Inc. bought a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, Holdings Channel reports. The fund bought 414 shares of the exchange traded fund’s stock, valued at approximately $166,000. iShares Russell 1000 Growth ETF comprises about 0.1% of Alcosta Capital Management Inc.’s holdings, making the stock its 26th largest position.

Other hedge funds have also modified their holdings of the company. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at $27,000. Signature Resources Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $28,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at about $35,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth about $46,000. Finally, one8zero8 LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $47,000.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $325.67 on Friday. The firm has a market capitalization of $86.43 billion, a P/E ratio of 31.13 and a beta of 1.15. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The company’s 50 day simple moving average is $388.12 and its 200-day simple moving average is $392.03.

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.