iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Stake Lowered by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. decreased its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% in the fourth quarter, Holdings Channel reports. The fund owned 13,793 shares of the exchange traded fund’s stock after selling 567 shares during the period. iShares Russell 1000 Growth ETF accounts for 1.5% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 12th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $5,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in IWF. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. Signature Resources Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $28,000. ORG Wealth Partners LLC acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter worth $31,000. Nemes Rush Group LLC raised its holdings in iShares Russell 1000 Growth ETF by 188.2% in the second quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 64 shares during the period. Finally, Kimelman & Baird LLC bought a new stake in iShares Russell 1000 Growth ETF in the 2nd quarter valued at $47,000.

iShares Russell 1000 Growth ETF Price Performance

iShares Russell 1000 Growth ETF stock opened at $415.49 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $310.51 and a fifty-two week high of $419.53. The firm has a market capitalization of $109.92 billion, a PE ratio of 35.64 and a beta of 1.20. The company’s 50-day moving average is $404.95 and its 200-day moving average is $381.69.

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.