Riggs Capital Management LLC Takes Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Riggs Capital Management LLC purchased a new position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,081 shares of the exchange traded fund’s stock, valued at approximately $836,000.

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

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF opened at $360.54 on Monday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The firm has a market capitalization of $94.55 billion, a price-to-earnings ratio of 31.83 and a beta of 1.11. The stock has a 50 day moving average price of $394.14 and a 200 day moving average price of $392.67.

About iShares Russell 1000 Growth ETF

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.