Diversify Wealth Management LLC Buys 1,603 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Diversify Wealth Management LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 23.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,466 shares of the exchange traded fund’s stock after purchasing an additional 1,603 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,371,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IWF. Cardinal Point Capital Management ULC raised its holdings in shares of iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after acquiring an additional 26 shares in the last quarter. Chemistry Wealth Management LLC increased its position in iShares Russell 1000 Growth ETF by 2.7% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 27 shares during the period. Stonehearth Capital Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.4% in the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after purchasing an additional 28 shares in the last quarter. Barnett & Company Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 1.6% in the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 29 shares during the period. Finally, Traynor Capital Management Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 5.0% during the third quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 31 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.2 %

Shares of NYSEARCA:IWF opened at $406.98 on Monday. The firm has a 50 day moving average of $403.79 and a 200 day moving average of $380.70. The company has a market capitalization of $107.67 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 52 week low of $304.85 and a 52 week high of $419.53.

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.