1,602 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Bought by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,602 shares of the exchange traded fund’s stock, valued at approximately $643,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Salley Wealth Management raised its position in shares of iShares Russell 1000 Growth ETF by 14.3% during the fourth quarter. Smith Salley Wealth Management now owns 3,256 shares of the exchange traded fund’s stock worth $1,307,000 after purchasing an additional 407 shares during the period. J.W. Cole Advisors Inc. raised its holdings in iShares Russell 1000 Growth ETF by 0.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 21,078 shares of the exchange traded fund’s stock worth $8,465,000 after buying an additional 111 shares during the last quarter. Affiance Financial LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 4.6% in the fourth quarter. Affiance Financial LLC now owns 30,035 shares of the exchange traded fund’s stock valued at $12,061,000 after buying an additional 1,322 shares in the last quarter. Clientfirst Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $11,350,000. Finally, Realta Investment Advisors acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $1,095,000.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $369.04 on Thursday. iShares Russell 1000 Growth ETF has a fifty-two week low of $315.24 and a fifty-two week high of $419.53. The firm has a market capitalization of $96.78 billion, a PE ratio of 31.83 and a beta of 1.11. The company’s 50-day moving average is $398.33 and its 200 day moving average is $391.61.

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.