Next Level Private LLC Sells 137 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Next Level Private LLC trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,015 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. iShares Russell 1000 Growth ETF makes up 3.2% of Next Level Private LLC’s portfolio, making the stock its 8th biggest holding. Next Level Private LLC’s holdings in iShares Russell 1000 Growth ETF were worth $6,931,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Creekmur Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF in the 4th quarter worth approximately $33,000. Nvwm LLC increased its stake in iShares Russell 1000 Growth ETF by 44.9% in the first quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 31 shares during the last quarter. Frazier Financial Advisors LLC purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $36,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter worth about $40,000. Finally, Richardson Financial Services Inc. acquired a new stake in iShares Russell 1000 Growth ETF in the 1st quarter worth about $44,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF traded down $6.66 during trading hours on Tuesday, reaching $358.80. 303,390 shares of the company were exchanged, compared to its average volume of 1,323,232. The firm has a market cap of $94.92 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The stock has a 50 day simple moving average of $362.30 and a 200 day simple moving average of $346.39. iShares Russell 1000 Growth ETF has a 52-week low of $256.01 and a 52-week high of $382.82.

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.