Brookstone Capital Management Purchases 26,141 Shares of iShares Russell 1000 Growth ETF $IWF

Brookstone Capital Management raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 230.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,501 shares of the exchange traded fund’s stock after buying an additional 26,141 shares during the quarter. Brookstone Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $17,566,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Concord Wealth Partners raised its stake in iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 59 shares in the last quarter. HighMark Wealth Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 60.5% during the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares in the last quarter. Bell Investment Advisors Inc acquired a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $32,000. First Community Trust NA increased its holdings in shares of iShares Russell 1000 Growth ETF by 525.0% during the second quarter. First Community Trust NA now owns 125 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 105 shares during the period. Finally, Compass Financial Services Inc acquired a new stake in shares of iShares Russell 1000 Growth ETF in the second quarter valued at approximately $62,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.2%

Shares of IWF stock opened at $480.47 on Thursday. The stock has a market cap of $124.75 billion, a P/E ratio of 33.43 and a beta of 1.13. The stock has a 50 day simple moving average of $474.47 and a 200 day simple moving average of $453.47. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00.

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