NWK Group Inc. Reduces Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

NWK Group Inc. cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,831 shares of the exchange traded fund’s stock after selling 268 shares during the quarter. NWK Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,137,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $1,367,267,000. Demars Financial Group LLC lifted its stake in iShares Russell 1000 Growth ETF by 39,345.2% during the fourth quarter. Demars Financial Group LLC now owns 834,661 shares of the exchange traded fund’s stock worth $335,183,000 after purchasing an additional 832,545 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. acquired a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth $279,993,000. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 44,227.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after buying an additional 655,457 shares during the period. Finally, Prudential Financial Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 100.9% in the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock valued at $333,791,000 after buying an additional 417,507 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $341.62 on Friday. The stock has a market capitalization of $90.67 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15. The business has a 50-day moving average of $371.91 and a 200 day moving average of $389.21. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $419.53.

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.