iShares Russell 1000 Growth ETF $IWF Stock Bought by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 42.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,296 shares of the exchange traded fund’s stock after buying an additional 25,596 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 1.2% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 20th largest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,809,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Arlington Trust Co LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 671.9% in the 2nd quarter. Arlington Trust Co LLC now owns 6,268 shares of the exchange traded fund’s stock worth $778,000 after purchasing an additional 5,456 shares during the period. Brookstone Capital Management bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $6,233,000. Farmers & Merchants Investments Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $771,000. Capital Investment Advisors LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $4,986,000. Finally, Brookmont Capital Management purchased a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $779,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $114.89 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.80. The company has a market cap of $118.03 billion, a P/E ratio of 26.29 and a beta of 1.17. The firm has a 50-day moving average of $122.17 and a 200 day moving average of $119.33.

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.