Parker Financial LLC Sells 516 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Parker Financial LLC trimmed its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 16.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,619 shares of the exchange traded fund’s stock after selling 516 shares during the period. iShares Russell 1000 Growth ETF accounts for about 0.5% of Parker Financial LLC’s investment portfolio, making the stock its 19th largest position. Parker Financial LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,052,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth $27,000. Signature Resources Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth $28,000. Peterson Wealth Services acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter worth $35,000. Capital Performance Advisors LLP bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $51,000. Finally, Abound Wealth Management grew its position in shares of iShares Russell 1000 Growth ETF by 14,500.0% in the fourth quarter. Abound Wealth Management now owns 146 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 145 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $416.33 on Wednesday. The stock has a 50-day simple moving average of $409.30 and a 200 day simple moving average of $387.90. iShares Russell 1000 Growth ETF has a twelve month low of $315.24 and a twelve month high of $419.53. The stock has a market capitalization of $110.14 billion, a PE ratio of 35.64 and a beta of 1.20.

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.