American Financial Advisors LLC Purchases New Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

American Financial Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 680 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $25,000. BluePath Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at about $27,000. Cranbrook Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $30,000. Planned Solutions Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $34,000. Finally, Sound Income Strategies LLC grew its position in shares of iShares Russell 1000 Growth ETF by 772.2% during the 4th quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Down 2.0 %

Shares of NYSEARCA:IWF opened at $316.15 on Friday. The company’s 50 day moving average price is $331.41 and its two-hundred day moving average price is $305.80. iShares Russell 1000 Growth ETF has a 12-month low of $239.23 and a 12-month high of $340.83. The firm has a market cap of $83.76 billion, a PE ratio of 36.72 and a beta of 1.20.

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.