Crestone Asset Management LLC Has $33.74 Million Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Crestone Asset Management LLC lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 7.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 111,292 shares of the exchange traded fund’s stock after selling 8,389 shares during the period. iShares Russell 1000 Growth ETF accounts for 7.6% of Crestone Asset Management LLC’s holdings, making the stock its 3rd biggest position. Crestone Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $33,740,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sendero Wealth Management LLC raised its stake in iShares Russell 1000 Growth ETF by 0.3% in the fourth quarter. Sendero Wealth Management LLC now owns 9,837 shares of the exchange traded fund’s stock valued at $2,982,000 after purchasing an additional 33 shares in the last quarter. Morton Capital Management LLC CA increased its stake in shares of iShares Russell 1000 Growth ETF by 1.1% in the 3rd quarter. Morton Capital Management LLC CA now owns 3,126 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 34 shares during the last quarter. Beacon Capital Management LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 1.8% during the 4th quarter. Beacon Capital Management LLC now owns 1,974 shares of the exchange traded fund’s stock worth $598,000 after buying an additional 34 shares during the last quarter. Morton Brown Family Wealth LLC boosted its stake in iShares Russell 1000 Growth ETF by 5.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 709 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 34 shares in the last quarter. Finally, Stonehearth Capital Management LLC grew its position in iShares Russell 1000 Growth ETF by 2.0% in the fourth quarter. Stonehearth Capital Management LLC now owns 1,787 shares of the exchange traded fund’s stock valued at $542,000 after acquiring an additional 35 shares during the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded down $0.48 during midday trading on Wednesday, hitting $335.19. 945,126 shares of the company traded hands, compared to its average volume of 1,362,560. The stock has a market cap of $88.67 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The firm’s fifty day moving average price is $331.33 and its 200-day moving average price is $311.01. iShares Russell 1000 Growth ETF has a 12 month low of $246.29 and a 12 month high of $340.83.

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.