NEXT Financial Group Inc Purchases 784 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

NEXT Financial Group Inc raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,716 shares of the exchange traded fund’s stock after acquiring an additional 784 shares during the quarter. NEXT Financial Group Inc’s holdings in iShares Russell 1000 Growth ETF were worth $2,349,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in iShares Russell 1000 Growth ETF by 2.9% during the 2nd quarter. Bank of America Corp DE now owns 36,304,247 shares of the exchange traded fund’s stock valued at $5,712,109,000 after buying an additional 1,039,638 shares in the last quarter. Morgan Stanley boosted its holdings in shares of iShares Russell 1000 Growth ETF by 2.7% in the 2nd quarter. Morgan Stanley now owns 8,838,070 shares of the exchange traded fund’s stock worth $1,390,582,000 after purchasing an additional 230,073 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,776,563 shares of the exchange traded fund’s stock worth $751,544,000 after purchasing an additional 179,688 shares during the period. Nuveen Asset Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 10.5% in the 2nd quarter. Nuveen Asset Management LLC now owns 2,937,940 shares of the exchange traded fund’s stock worth $462,255,000 after purchasing an additional 279,023 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of iShares Russell 1000 Growth ETF by 0.3% in the 2nd quarter. Northern Trust Corp now owns 2,920,797 shares of the exchange traded fund’s stock worth $459,557,000 after purchasing an additional 9,426 shares during the period.

Shares of IWF stock traded down $0.62 on Friday, reaching $161.73. 129,680 shares of the company’s stock were exchanged, compared to its average volume of 1,587,152. iShares Russell 1000 Growth ETF has a 52 week low of $121.71 and a 52 week high of $164.34. The company’s fifty day simple moving average is $160.25 and its 200 day simple moving average is $157.71.

The firm also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $0.4298 per share. This represents a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 24th.

iShares Russell 1000 Growth ETF Company 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.

Further Reading: How is Preferred Stock Different from Common Stock?

Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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