Cornerstone Advisors Asset Management LLC Buys 25,596 Shares of iShares Russell 1000 Growth ETF $IWF

Cornerstone Advisors Asset Management LLC grew its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 42.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,296 shares of the exchange traded fund’s stock after buying an additional 25,596 shares during the period. iShares Russell 1000 Growth ETF makes up about 1.2% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 20th biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Cutler Investment Counsel LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 18.2% during the 1st quarter. Cutler Investment Counsel LLC now owns 577 shares of the exchange traded fund’s stock worth $246,000 after acquiring an additional 89 shares during the last quarter. New England Professional Planning Group Inc. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 6.6% in the 1st quarter. New England Professional Planning Group Inc. now owns 1,510 shares of the exchange traded fund’s stock worth $644,000 after purchasing an additional 93 shares in the last quarter. Little House Capital LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 5.4% in the 1st quarter. Little House Capital LLC now owns 1,904 shares of the exchange traded fund’s stock worth $812,000 after purchasing an additional 98 shares in the last quarter. Blue Chip Partners LLC increased its position in shares of iShares Russell 1000 Growth ETF by 6.0% during the 1st quarter. Blue Chip Partners LLC now owns 1,948 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 110 shares during the last quarter. Finally, Chemistry Wealth Management LLC increased its position in shares of iShares Russell 1000 Growth ETF by 3.0% during the 3rd quarter. Chemistry Wealth Management LLC now owns 3,802 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.1%

Shares of iShares Russell 1000 Growth ETF stock opened at $114.89 on Friday. The firm has a market capitalization of $118.03 billion, a PE ratio of 26.29 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12 month low of $102.23 and a 12 month high of $129.80. The business’s 50-day moving average price is $122.17 and its 200-day moving average price is $119.33.

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.