Delta Financial Advisors LLC Invests $296,000 in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Delta Financial Advisors LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the fourth quarter, HoldingsChannel.com reports. The fund bought 736 shares of the exchange traded fund’s stock, valued at approximately $296,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its stake in iShares Russell 1000 Growth ETF by 5.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,310,849 shares of the exchange traded fund’s stock worth $526,411,000 after buying an additional 64,116 shares during the last quarter. BHK Investment Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 1.3% during the fourth quarter. BHK Investment Advisors LLC now owns 3,858 shares of the exchange traded fund’s stock worth $1,549,000 after buying an additional 48 shares during the last quarter. Trifecta Capital Advisors LLC grew its stake in iShares Russell 1000 Growth ETF by 77.3% during the fourth quarter. Trifecta Capital Advisors LLC now owns 532 shares of the exchange traded fund’s stock worth $214,000 after buying an additional 232 shares during the last quarter. Prasad Wealth Partners LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $335,000. Finally, BankPlus Trust Department bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter worth about $478,000.

iShares Russell 1000 Growth ETF Trading Down 1.0 %

Shares of iShares Russell 1000 Growth ETF stock opened at $396.72 on Wednesday. The stock has a market capitalization of $103.17 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53. The firm’s 50-day moving average price is $408.37 and its two-hundred day moving average price is $390.32.

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.