Smith Salley Wealth Management Increases Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Smith Salley Wealth Management boosted its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,256 shares of the exchange traded fund’s stock after acquiring an additional 407 shares during the period. Smith Salley Wealth Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,307,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cardinal Point Capital Management ULC raised its stake in iShares Russell 1000 Growth ETF by 2.8% in the fourth quarter. Cardinal Point Capital Management ULC now owns 949 shares of the exchange traded fund’s stock valued at $381,000 after purchasing an additional 26 shares in the last quarter. Chemistry Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 2.7% in the 4th quarter. Chemistry Wealth Management LLC now owns 1,020 shares of the exchange traded fund’s stock worth $410,000 after buying an additional 27 shares during the last quarter. Stonehearth Capital Management LLC raised its position in shares of iShares Russell 1000 Growth ETF by 1.4% during the 4th quarter. Stonehearth Capital Management LLC now owns 1,964 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 28 shares in the last quarter. Barnett & Company Inc. lifted its holdings 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 acquiring an additional 29 shares during the last quarter. Finally, Traynor Capital Management Inc. grew its position in iShares Russell 1000 Growth ETF by 5.0% in the third quarter. Traynor Capital Management Inc. now owns 648 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 31 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Up 1.2 %

NYSEARCA IWF opened at $406.98 on Friday. The stock’s 50-day simple moving average is $403.79 and its two-hundred day simple moving average is $380.63. iShares Russell 1000 Growth ETF has a twelve month low of $304.85 and a twelve month high of $419.53. The company has a market capitalization of $107.67 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.