Brookstone Capital Management Trims Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Brookstone Capital Management lowered its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 69.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,427 shares of the exchange traded fund’s stock after selling 23,177 shares during the period. Brookstone Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $4,446,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Everstar Asset Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 6.0% during the first quarter. Everstar Asset Management LLC now owns 1,494 shares of the exchange traded fund’s stock worth $637,000 after buying an additional 84 shares in the last quarter. SG Americas Securities LLC raised its position in shares of iShares Russell 1000 Growth ETF by 36.6% in the first quarter. SG Americas Securities LLC now owns 31,933 shares of the exchange traded fund’s stock valued at $13,616,000 after buying an additional 8,562 shares during the last quarter. Cambridge Advisors Inc. lifted its stake in shares of iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock valued at $2,775,000 after buying an additional 25 shares during the period. Evolve Private Wealth LLC purchased a new position in shares of iShares Russell 1000 Growth ETF during the first quarter valued at approximately $2,389,000. Finally, Allegheny Financial Group boosted its position in iShares Russell 1000 Growth ETF by 1.2% during the first quarter. Allegheny Financial Group now owns 6,270 shares of the exchange traded fund’s stock worth $2,674,000 after acquiring an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $119.81 on Wednesday. The stock has a market capitalization of $125.13 billion, a P/E ratio of 33.43 and a beta of 1.16. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The company has a 50 day moving average price of $122.30 and a two-hundred day moving average price of $117.15.

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.