JMG Financial Group Ltd. Acquires 2,895 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

JMG Financial Group Ltd. raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,288 shares of the exchange traded fund’s stock after purchasing an additional 2,895 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 0.4% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 22nd largest holding. JMG Financial Group Ltd.’s holdings in iShares Russell 1000 Growth ETF were worth $10,698,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. BluePath Capital Management LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. Cranbrook Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $30,000. Planned Solutions Inc. purchased a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $34,000. Sound Income Strategies LLC raised its position in 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 valued at $48,000 after purchasing an additional 139 shares in the last quarter. Finally, Mendota Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth $57,000.

iShares Russell 1000 Growth ETF Trading Up 1.5 %

Shares of IWF traded up $4.94 during midday trading on Tuesday, reaching $324.24. 667,700 shares of the stock were exchanged, compared to its average volume of 1,430,879. The company has a market capitalization of $85.91 billion, a P/E ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $239.23 and a 52 week high of $340.83. The company’s 50 day moving average is $331.26 and its two-hundred day moving average is $307.11.

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.