Rehmann Capital Advisory Group Acquires 4,059 Shares of iShares Russell 1000 Growth ETF $IWF

Rehmann Capital Advisory Group increased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 22,898 shares of the exchange traded fund’s stock after buying an additional 4,059 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares Russell 1000 Growth ETF were worth $10,838,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $27,000. Concord Wealth Partners lifted its position in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth 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 position in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $30,000. Networth Advisors LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $32,000. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $35,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $123.19 on Friday. The firm has a market cap of $128.66 billion, a P/E ratio of 33.43 and a beta of 1.16. The firm has a 50 day simple moving average of $121.93 and a 200 day simple moving average of $117.14. iShares Russell 1000 Growth ETF has a fifty-two week low of $100.47 and a fifty-two week high of $129.14.

iShares Russell 1000 Growth ETF Company 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.