Towerpoint Wealth LLC Raises Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Towerpoint Wealth LLC boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,664 shares of the exchange traded fund’s stock after buying an additional 377 shares during the period. iShares Russell 1000 Growth ETF accounts for about 1.9% of Towerpoint Wealth LLC’s portfolio, making the stock its 12th largest holding. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,881,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Cardinal Point Capital Management ULC boosted its stake in iShares Russell 1000 Growth ETF by 2.8% during the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 26 shares during the last quarter. Stonehearth Capital Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the fourth quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 28 shares during the last quarter. Barnett & Company Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 1.6% during the 3rd quarter. Barnett & Company Inc. now owns 1,822 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 29 shares during the period. Traynor Capital Management Inc. increased its holdings in iShares Russell 1000 Growth ETF by 5.0% in the 3rd quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 31 shares during the last quarter. Finally, Accurate Wealth Management LLC raised its position in iShares Russell 1000 Growth ETF by 2.9% in the fourth quarter. Accurate Wealth Management LLC now owns 1,164 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 33 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF traded up $0.25 during midday trading on Thursday, hitting $405.15. 125,998 shares of the stock were exchanged, compared to its average volume of 1,564,247. iShares Russell 1000 Growth ETF has a 52-week low of $301.21 and a 52-week high of $419.53. The stock has a fifty day simple moving average of $403.24 and a 200 day simple moving average of $380.04. The firm has a market cap of $107.18 billion, a P/E ratio of 35.64 and a beta of 1.20.

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.