Cornerstone Wealth Group LLC Boosts Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Cornerstone Wealth Group LLC increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 49.7% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,436 shares of the exchange traded fund’s stock after buying an additional 3,799 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $3,855,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. Cape Cod Five Cents Savings Bank raised its position in shares of iShares Russell 1000 Growth ETF by 88.8% in the third quarter. Cape Cod Five Cents Savings Bank now owns 1,678 shares of the exchange traded fund’s stock worth $446,000 after buying an additional 789 shares in the last quarter. CWA Asset Management Group LLC raised its position in iShares Russell 1000 Growth ETF by 136.1% during the third quarter. CWA Asset Management Group LLC now owns 2,172 shares of the exchange traded fund’s stock valued at $578,000 after purchasing an additional 1,252 shares in the last quarter. Fred Alger Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $242,000. Rehmann Capital Advisory Group raised its position in iShares Russell 1000 Growth ETF by 0.3% during the third quarter. Rehmann Capital Advisory Group now owns 16,244 shares of the exchange traded fund’s stock valued at $4,321,000 after purchasing an additional 44 shares in the last quarter. Finally, BOS Asset Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at about $260,000.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF traded down $2.72 during trading hours on Friday, reaching $364.51. 3,803,328 shares of the stock traded hands, compared to its average volume of 1,346,152. The stock has a 50 day simple moving average of $345.40 and a two-hundred day simple moving average of $329.30. iShares Russell 1000 Growth ETF has a 1 year low of $256.01 and a 1 year high of $370.46. The company has a market cap of $96.43 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

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.