Tandem Financial LLC Acquires 354 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Tandem Financial LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 18,970 shares of the exchange traded fund’s stock after buying an additional 354 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 7.4% of Tandem Financial LLC’s portfolio, making the stock its 4th largest position. Tandem Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,850,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. TFO Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth $6,414,000. Arkadios Wealth Advisors increased its stake in shares of iShares Russell 1000 Growth ETF by 92.3% during the 1st quarter. Arkadios Wealth Advisors now owns 40,031 shares of the exchange traded fund’s stock worth $14,455,000 after purchasing an additional 19,214 shares during the last quarter. First Foundation Advisors increased its stake in shares of iShares Russell 1000 Growth ETF by 1.0% during the 1st quarter. First Foundation Advisors now owns 69,546 shares of the exchange traded fund’s stock worth $25,112,000 after purchasing an additional 702 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 1st quarter worth $68,000. Finally, Canopy Partners LLC grew its stake in iShares Russell 1000 Growth ETF by 14.5% in the 1st quarter. Canopy Partners LLC now owns 752 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.5%

NYSEARCA:IWF opened at $439.12 on Wednesday. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $443.54. The firm’s fifty day simple moving average is $416.50 and its 200 day simple moving average is $393.47. The firm has a market capitalization of $114.65 billion, a PE ratio of 33.43 and a beta of 1.08.

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.