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

Cornerstone Wealth Advisors Inc. decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 13,793 shares of the exchange traded fund’s stock after selling 567 shares during the period. iShares Russell 1000 Growth ETF comprises about 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWF. Signature Resources Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at about $28,000. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the third quarter worth approximately $27,000. ORG Wealth Partners LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Nemes Rush Group LLC boosted its holdings in shares of 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 valued at $36,000 after buying an additional 64 shares during the period. Finally, Kimelman & Baird LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the second quarter worth $47,000.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $415.49 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $310.51 and a 52-week high of $419.53. The stock has a market cap of $109.92 billion, a PE ratio of 35.64 and a beta of 1.20. The firm has a 50-day moving average of $404.95 and a 200-day moving average of $381.69.

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.