iShares Russell 1000 Growth ETF (NYSEARCA:IWF) is Pointe Capital Management LLC’s 3rd Largest Position

Pointe Capital Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 29,110 shares of the exchange traded fund’s stock after purchasing an additional 1,134 shares during the period. iShares Russell 1000 Growth ETF accounts for about 6.1% of Pointe Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $8,825,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWF. TCG Advisory Services LLC increased its holdings in iShares Russell 1000 Growth ETF by 40.0% during the 4th quarter. TCG Advisory Services LLC now owns 5,191 shares of the exchange traded fund’s stock worth $1,574,000 after purchasing an additional 1,482 shares during the period. Forte Capital LLC ADV grew its position in shares of iShares Russell 1000 Growth ETF by 6.0% during the fourth quarter. Forte Capital LLC ADV now owns 5,837 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 328 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $307,000. Provence Wealth Management Group raised its holdings in iShares Russell 1000 Growth ETF by 1.5% in the fourth quarter. Provence Wealth Management Group now owns 8,104 shares of the exchange traded fund’s stock valued at $2,457,000 after acquiring an additional 120 shares in the last quarter. Finally, VeraBank N.A. raised its holdings in iShares Russell 1000 Growth ETF by 2.5% in the fourth quarter. VeraBank N.A. now owns 4,953 shares of the exchange traded fund’s stock valued at $1,502,000 after acquiring an additional 123 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

NYSEARCA IWF traded up $5.86 on Friday, hitting $331.50. 751,943 shares of the stock were exchanged, compared to its average volume of 1,378,412. iShares Russell 1000 Growth ETF has a fifty-two week low of $241.41 and a fifty-two week high of $340.83. The company has a 50-day moving average price of $331.11 and a 200-day moving average price of $309.51. The company has a market cap of $87.70 billion, a PE ratio of 35.64 and a beta of 1.20.

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.