Cornerstone Wealth Group LLC Sells 5,783 Shares of iShares Russell 1000 Growth ETF $IWF

Cornerstone Wealth Group LLC decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 53.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,963 shares of the exchange traded fund’s stock after selling 5,783 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $2,339,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. KCM Investment Advisors LLC increased its position in shares of iShares Russell 1000 Growth ETF by 0.5% during the third quarter. KCM Investment Advisors LLC now owns 4,104 shares of the exchange traded fund’s stock valued at $1,922,000 after buying an additional 22 shares during the period. Principal Securities Inc. boosted its position in shares of iShares Russell 1000 Growth ETF by 0.4% in the fourth quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock valued at $2,442,000 after acquiring an additional 22 shares during the period. Jamison Private Wealth Management Inc. grew its stake in iShares Russell 1000 Growth ETF by 1.1% during the fourth quarter. Jamison Private Wealth Management Inc. now owns 2,078 shares of the exchange traded fund’s stock valued at $983,000 after acquiring an additional 23 shares in the last quarter. Marks Group Wealth Management Inc grew its stake in iShares Russell 1000 Growth ETF by 2.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock valued at $532,000 after acquiring an additional 23 shares in the last quarter. Finally, Blankinship & Foster LLC increased its holdings in iShares Russell 1000 Growth ETF by 0.4% during the 1st quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after acquiring an additional 24 shares during the period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF opened at $119.04 on Friday. iShares Russell 1000 Growth ETF has a 1 year low of $102.23 and a 1 year high of $129.14. The stock has a market capitalization of $124.33 billion, a PE ratio of 33.43 and a beta of 1.16. The company’s 50 day simple moving average is $122.53 and its two-hundred day simple moving average is $117.16.

About iShares Russell 1000 Growth ETF

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.