Cullen Frost Bankers Inc. Sells 5,355 Shares of iShares Russell 1000 Growth ETF $IWF

Cullen Frost Bankers Inc. lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% during the third quarter, Holdings Channel.com reports. The firm owned 348,828 shares of the exchange traded fund’s stock after selling 5,355 shares during the quarter. iShares Russell 1000 Growth ETF makes up about 1.9% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 11th biggest position. Cullen Frost Bankers Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $163,395,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWF. Ironwood Wealth Management LLC. lifted its position in shares of iShares Russell 1000 Growth ETF by 0.6% during the third quarter. Ironwood Wealth Management LLC. now owns 4,277 shares of the exchange traded fund’s stock valued at $2,003,000 after buying an additional 24 shares during the last quarter. Telos Capital Management Inc. raised its stake in shares of iShares Russell 1000 Growth ETF by 1.3% during the 2nd quarter. Telos Capital Management Inc. now owns 1,924 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 25 shares in the last quarter. Golden State Equity Partners lifted its position in iShares Russell 1000 Growth ETF by 0.9% during the third quarter. Golden State Equity Partners now owns 2,897 shares of the exchange traded fund’s stock valued at $1,357,000 after acquiring an additional 25 shares during the last quarter. HighMark Wealth Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 1.5% in the second quarter. Signature Estate & Investment Advisors LLC now owns 1,842 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.5%

Shares of IWF stock opened at $468.26 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The business’s fifty day simple moving average is $472.34 and its 200-day simple moving average is $462.36. The company has a market cap of $121.21 billion, a PE ratio of 33.43 and a beta of 1.13.

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.