Parker Financial LLC Decreases Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Parker Financial LLC lowered its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,346 shares of the exchange traded fund’s stock after selling 301 shares during the quarter. iShares Russell 1000 Growth ETF comprises 0.8% of Parker Financial LLC’s portfolio, making the stock its 19th largest position. Parker Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,318,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Tower Research Capital LLC TRC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter valued at approximately $25,000. BluePath Capital Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 3rd quarter worth $27,000. Hibernia Wealth Partners LLC acquired a new position in iShares Russell 1000 Growth ETF in the 3rd quarter worth $32,000. Planned Solutions Inc. purchased a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at about $34,000. Finally, True Wealth Design LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at about $34,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF traded up $1.15 during midday trading on Wednesday, reaching $337.68. 1,674,895 shares of the company’s stock were exchanged, compared to its average volume of 1,397,708. The stock has a market capitalization of $86.14 billion, a PE ratio of 26.14 and a beta of 1.08. iShares Russell 1000 Growth ETF has a 52-week low of $233.56 and a 52-week high of $340.83. The business’s fifty day moving average price is $326.06 and its two-hundred day moving average price is $298.71.

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.