Next Capital Management LLC Sells 185 Shares of iShares Russell 1000 Growth ETF $IWF

Next Capital Management LLC lowered its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,167 shares of the exchange traded fund’s stock after selling 185 shares during the period. iShares Russell 1000 Growth ETF comprises about 2.8% of Next Capital Management LLC’s portfolio, making the stock its 11th largest holding. Next Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,714,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Concord Wealth Partners grew its position in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 59 shares during the period. HighMark Wealth Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $31,000. Hughes Financial Services LLC bought a new position in shares of iShares Russell 1000 Growth ETF in the 1st quarter valued at about $33,000. Finally, First Community Trust NA grew its position in shares of iShares Russell 1000 Growth ETF by 525.0% in the 2nd quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 105 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $487.96 on Tuesday. The firm has a 50-day moving average of $465.62 and a 200-day moving average of $430.46. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market cap of $126.33 billion, a PE ratio of 33.43 and a beta of 1.13.

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.