Next Capital Management LLC Boosts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Next Capital Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,645 shares of the exchange traded fund’s stock after purchasing an additional 421 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 2.9% of Next Capital Management LLC’s holdings, making the stock its 9th largest position. Next Capital Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,086,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IWF. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $27,000. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $28,000. Peterson Wealth Services bought a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $35,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth $46,000. Finally, one8zero8 LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $47,000.

iShares Russell 1000 Growth ETF Trading Down 1.9 %

IWF stock opened at $363.46 on Wednesday. The firm has a market capitalization of $95.32 billion, a PE ratio of 31.83 and a beta of 1.11. The business’s 50 day simple moving average is $399.04 and its 200 day simple moving average is $391.77. iShares Russell 1000 Growth ETF has a 1-year low of $315.24 and a 1-year high of $419.53.

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.