iShares Russell 1000 Growth Index (IWF) Stake Increased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its position in shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 49.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,626 shares of the exchange traded fund’s stock after acquiring an additional 873 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 1000 Growth Index were worth $369,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWF. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 Growth Index by 5.9% during the third quarter. JPMorgan Chase & Co. now owns 2,470,364 shares of the exchange traded fund’s stock valued at $307,584,000 after purchasing an additional 136,536 shares during the last quarter. Iberiabank Corp grew its stake in shares of iShares Russell 1000 Growth Index by 217.8% during the third quarter. Iberiabank Corp now owns 85,285 shares of the exchange traded fund’s stock valued at $10,808,000 after purchasing an additional 58,450 shares during the last quarter. Synovus Financial Corp grew its stake in shares of iShares Russell 1000 Growth Index by 3.8% during the third quarter. Synovus Financial Corp now owns 2,585,088 shares of the exchange traded fund’s stock valued at $323,312,000 after purchasing an additional 93,762 shares during the last quarter. Founders Financial Securities LLC grew its stake in shares of iShares Russell 1000 Growth Index by 6.7% during the third quarter. Founders Financial Securities LLC now owns 63,359 shares of the exchange traded fund’s stock valued at $7,924,000 after purchasing an additional 3,973 shares during the last quarter. Finally, Jackson Wealth Management LLC grew its stake in shares of iShares Russell 1000 Growth Index by 5.0% during the third quarter. Jackson Wealth Management LLC now owns 76,957 shares of the exchange traded fund’s stock valued at $9,767,000 after purchasing an additional 3,648 shares during the last quarter.

iShares Russell 1000 Growth Index (NYSEARCA:IWF) opened at $139.59 on Friday. iShares Russell 1000 Growth Index has a 52 week low of $111.69 and a 52 week high of $146.15. The stock has a market cap of $40,410.00 and a P/E ratio of 17.63.

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About iShares Russell 1000 Growth Index

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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