iShares Russell 1000 Growth ETF $IWF is Cullen Frost Bankers Inc.’s 9th Largest Position

Cullen Frost Bankers Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 354,183 shares of the exchange traded fund’s stock after selling 12,007 shares during the quarter. iShares Russell 1000 Growth ETF comprises approximately 1.9% of Cullen Frost Bankers Inc.’s holdings, making the stock its 9th largest position. Cullen Frost Bankers Inc. owned about 0.14% of iShares Russell 1000 Growth ETF worth $150,379,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IWF. Concord Wealth Partners grew its holdings in iShares Russell 1000 Growth ETF by 1,966.7% during the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 59 shares in the last quarter. HighMark Wealth Management LLC grew its holdings in iShares Russell 1000 Growth ETF by 60.5% during 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 in the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter valued at approximately $31,000. Hughes Financial Services LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter valued at approximately $33,000. Finally, American Capital Advisory LLC grew its holdings in iShares Russell 1000 Growth ETF by 792.3% during the 1st quarter. American Capital Advisory LLC now owns 116 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 103 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock opened at $472.55 on Wednesday. The firm has a fifty day moving average price of $458.96 and a 200 day moving average price of $420.46. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $476.74. The firm has a market cap of $122.39 billion, a PE ratio of 33.43 and a beta of 1.08.

iShares Russell 1000 Growth ETF 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.