iShares Russell 1000 Growth ETF $IWF Position Boosted by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 288.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,700 shares of the exchange traded fund’s stock after acquiring an additional 45,080 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.0% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 21st largest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,537,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWF. Arlington Trust Co LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 671.9% during the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after acquiring an additional 5,456 shares during the period. Breakwater Capital Group raised its stake in shares of iShares Russell 1000 Growth ETF by 302.1% in the second quarter. Breakwater Capital Group now owns 189,130 shares of the exchange traded fund’s stock worth $23,484,000 after acquiring an additional 142,091 shares during the last quarter. Tenzing Financial LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter valued at approximately $594,000. First Bank & Trust grew its stake in shares of iShares Russell 1000 Growth ETF by 300.0% during the second quarter. First Bank & Trust now owns 10,376 shares of the exchange traded fund’s stock valued at $1,288,000 after purchasing an additional 7,782 shares during the last quarter. Finally, Baron Financial Group LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 294.0% in the second quarter. Baron Financial Group LLC now owns 29,072 shares of the exchange traded fund’s stock valued at $3,610,000 after purchasing an additional 21,694 shares in the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF opened at $123.41 on Friday. The business’s fifty day moving average price is $121.89 and its two-hundred day moving average price is $118.73. The firm has a market capitalization of $126.45 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.