Next Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,450 shares of the exchange traded fund’s stock, valued at approximately $371,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Financial Gravity Wealth Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the 1st quarter valued at $73,000. Cypress Wealth Services LLC grew its position in iShares Russell 1000 Growth ETF by 0.9% during the first quarter. Cypress Wealth Services LLC now owns 7,913 shares of the exchange traded fund’s stock worth $1,198,000 after buying an additional 73 shares in the last quarter. Asset Dedication LLC grew its position in iShares Russell 1000 Growth ETF by 1.3% during the first quarter. Asset Dedication LLC now owns 9,388 shares of the exchange traded fund’s stock worth $1,422,000 after buying an additional 124 shares in the last quarter. Smith & Howard Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 42.0% during the first quarter. Smith & Howard Wealth Management LLC now owns 14,836 shares of the exchange traded fund’s stock worth $2,246,000 after buying an additional 4,391 shares in the last quarter. Finally, Sage Rhino Capital LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $303,000.

iShares Russell 1000 Growth ETF stock opened at $155.71 on Monday. iShares Russell 1000 Growth ETF has a 52 week low of $121.71 and a 52 week high of $157.30.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were given a dividend of $0.4289 per share. This represents a $1.72 annualized dividend and a yield of 1.10%. This is a boost from iShares Russell 1000 Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Wednesday, March 20th.

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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.

See Also: Diversification For Individual Investors

Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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