Newport Capital Group LLC Purchases 404 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Newport Capital Group LLC increased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 36,323 shares of the exchange traded fund’s stock after purchasing an additional 404 shares during the period. iShares Russell 1000 Growth ETF comprises about 10.7% of Newport Capital Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Newport Capital Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $14,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. MTM Investment Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 0.5% in the fourth quarter. MTM Investment Management LLC now owns 12,165 shares of the exchange traded fund’s stock worth $4,885,000 after buying an additional 65 shares during the period. Three Bridge Wealth Advisors LLC boosted its position in iShares Russell 1000 Growth ETF by 3.3% during the 4th quarter. Three Bridge Wealth Advisors LLC now owns 17,693 shares of the exchange traded fund’s stock worth $7,105,000 after acquiring an additional 570 shares during the period. Diversified Portfolios Inc. grew its stake in iShares Russell 1000 Growth ETF by 1.6% during the 4th quarter. Diversified Portfolios Inc. now owns 10,248 shares of the exchange traded fund’s stock valued at $4,116,000 after acquiring an additional 166 shares in the last quarter. Jmac Enterprises LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 1.7% in the 4th quarter. Jmac Enterprises LLC now owns 97,029 shares of the exchange traded fund’s stock valued at $38,965,000 after purchasing an additional 1,632 shares during the period. Finally, Gladstone Institutional Advisory LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 4.8% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 22,025 shares of the exchange traded fund’s stock worth $8,845,000 after purchasing an additional 1,013 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $415.76 on Friday. The company has a market capitalization of $109.99 billion, a PE ratio of 35.64 and a beta of 1.20. The company’s 50 day moving average price is $408.83 and its 200 day moving average price is $385.83. iShares Russell 1000 Growth ETF has a 52 week low of $315.24 and a 52 week 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.