501 Shares in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Acquired by Fairscale Capital LLC

Fairscale Capital LLC bought a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the second quarter, HoldingsChannel.com reports. The firm bought 501 shares of the exchange traded fund’s stock, valued at approximately $189,000.

A number of other hedge funds have also recently bought and sold shares of IWF. American Century Companies Inc. boosted its position in iShares Russell 1000 Growth ETF by 3,987.1% during the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock worth $558,032,000 after acquiring an additional 1,493,452 shares during the last quarter. GLOBALT Investments LLC GA purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $350,964,000. Cetera Investment Advisers raised its stake in iShares Russell 1000 Growth ETF by 409.6% during the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock worth $442,343,000 after purchasing an additional 1,054,881 shares during the period. Strategic Financial Concepts LLC raised its stake in iShares Russell 1000 Growth ETF by 28,897.3% during the second quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock worth $1,667,000 after purchasing an additional 455,711 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in iShares Russell 1000 Growth ETF by 6.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after purchasing an additional 341,407 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 0.1 %

NYSEARCA:IWF opened at $373.03 on Friday. The company has a market cap of $98.69 billion, a P/E ratio of 35.64 and a beta of 1.20. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82. The firm’s 50 day moving average is $358.89 and its two-hundred day moving average is $349.37.

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.