Fairscale Capital LLC Buys Shares of 501 iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Fairscale Capital LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 501 shares of the exchange traded fund’s stock, valued at approximately $189,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vantage Financial Partners LLC grew its position in shares of iShares Russell 1000 Growth ETF by 4.0% in the fourth quarter. Vantage Financial Partners LLC now owns 1,496 shares of the exchange traded fund’s stock valued at $454,000 after purchasing an additional 57 shares during the last quarter. Aveo Capital Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $209,000. 9258 Wealth Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 15.2% in the fourth quarter. 9258 Wealth Management LLC now owns 3,208 shares of the exchange traded fund’s stock valued at $973,000 after purchasing an additional 423 shares during the last quarter. Certus Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $224,000. Finally, Assetmark Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 249.2% in the fourth quarter. Assetmark Inc. now owns 1,390 shares of the exchange traded fund’s stock valued at $421,000 after purchasing an additional 992 shares during the last quarter.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $373.03 on Friday. The company’s 50 day simple moving average is $358.89 and its 200-day simple moving average is $349.37. The firm has a market capitalization of $98.69 billion, a PE ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $256.01 and a 12 month high of $382.82.

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.