Cyndeo Wealth Partners LLC Increases Stock Position in iShares Russell 1000 Growth ETF $IWF

Cyndeo Wealth Partners LLC increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 20,431 shares of the exchange traded fund’s stock after purchasing an additional 2,100 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,670,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWF. Holos Integrated Wealth LLC purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at $35,000. Manning & Napier Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $47,000. Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 62 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $53,000. Finally, Capital A Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 298.1% during the second quarter. Capital A Wealth Management LLC now owns 207 shares of the exchange traded fund’s stock valued at $88,000 after buying an additional 155 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.8%

Shares of iShares Russell 1000 Growth ETF stock opened at $427.44 on Friday. The company’s 50-day moving average price is $455.93 and its 200-day moving average price is $465.82. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The company has a market cap of $109.94 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.