Clearwave Capital LLC Takes Position in iShares Russell 1000 Growth ETF $IWF

Clearwave Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 4,589 shares of the exchange traded fund’s stock, valued at approximately $2,172,000. iShares Russell 1000 Growth ETF comprises 1.6% of Clearwave Capital LLC’s holdings, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Concord Wealth Partners increased its position in iShares Russell 1000 Growth ETF by 210.0% during the 4th quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 42 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $30,000. Networth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF during the 4th quarter worth approximately $32,000. Finally, Holos Integrated Wealth LLC purchased a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Price Performance

IWF opened at $123.19 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $100.47 and a 52-week high of $129.14. The company has a 50 day moving average of $121.93 and a two-hundred day moving average of $117.14. The company has a market cap of $128.66 billion, a P/E ratio of 33.43 and a beta of 1.16.

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