Cornerstone Wealth Group LLC Reduces Holdings in iShares Russell 1000 Growth ETF $IWF

Cornerstone Wealth Group LLC decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,458 shares of the exchange traded fund’s stock after selling 353 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 1000 Growth ETF were worth $4,440,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. ACT Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 3.0% in the 2nd quarter. ACT Wealth Management LLC now owns 820 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 24 shares during the period. HighMark Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 60.5% in the 2nd quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares during the period. Creative Financial Designs Inc. ADV grew its stake in shares of iShares Russell 1000 Growth ETF by 1.6% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,831 shares of the exchange traded fund’s stock valued at $661,000 after buying an additional 29 shares during the period. Midwest Professional Planners LTD. grew its stake in shares of iShares Russell 1000 Growth ETF by 0.4% in the 1st quarter. Midwest Professional Planners LTD. now owns 6,809 shares of the exchange traded fund’s stock valued at $2,458,000 after buying an additional 30 shares during the period. Finally, Antonelli Financial Advisors LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 2.6% in the 2nd quarter. Antonelli Financial Advisors LLC now owns 1,242 shares of the exchange traded fund’s stock valued at $527,000 after buying an additional 32 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of IWF stock opened at $468.58 on Tuesday. The firm’s 50 day moving average price is $456.04 and its 200-day moving average price is $416.09. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $476.74. The firm has a market cap of $121.34 billion, a P/E ratio of 33.43 and a beta of 1.08.

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.