iShares Russell 1000 Growth ETF $IWF Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 666,557 shares of the exchange traded fund’s stock after selling 14,024 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.26% of iShares Russell 1000 Growth ETF worth $315,482,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Breakwater Capital Group increased its position in iShares Russell 1000 Growth ETF by 3.0% in the 3rd quarter. Breakwater Capital Group now owns 38,154 shares of the exchange traded fund’s stock valued at $17,872,000 after acquiring an additional 1,095 shares during the period. Bright Futures Wealth Management LLC. acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $532,000. 1ST Source Bank increased its position in iShares Russell 1000 Growth ETF by 0.8% in the 3rd quarter. 1ST Source Bank now owns 568,098 shares of the exchange traded fund’s stock valued at $266,103,000 after acquiring an additional 4,486 shares during the period. Fifth Third Wealth Advisors LLC increased its position in iShares Russell 1000 Growth ETF by 3.3% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 67,884 shares of the exchange traded fund’s stock valued at $32,130,000 after acquiring an additional 2,139 shares during the period. Finally, RFG Advisory LLC increased its stake in iShares Russell 1000 Growth ETF by 3.7% during the 3rd quarter. RFG Advisory LLC now owns 33,366 shares of the exchange traded fund’s stock valued at $15,629,000 after buying an additional 1,201 shares during the period. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 1.1%

iShares Russell 1000 Growth ETF stock opened at $127.12 on Friday. The stock has a market cap of $132.76 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The company’s 50-day moving average price is $116.56 and its two-hundred day moving average price is $116.41. iShares Russell 1000 Growth ETF has a 52 week low of $98.47 and a 52 week high of $127.20.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.