Bernard Wealth Management Corp. Cuts Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Bernard Wealth Management Corp. reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 21.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 374 shares of the exchange traded fund’s stock after selling 100 shares during the period. Bernard Wealth Management Corp.’s holdings in iShares Russell 1000 Growth ETF were worth $159,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in iShares Russell 1000 Growth ETF by 722,329.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock worth $7,579,274,000 after purchasing an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in iShares Russell 1000 Growth ETF by 0.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock worth $3,498,319,000 after purchasing an additional 68,243 shares in the last quarter. Northern Trust Corp raised its holdings in iShares Russell 1000 Growth ETF by 4.3% during the first quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock worth $1,845,101,000 after purchasing an additional 208,598 shares in the last quarter. LPL Financial LLC grew its position in iShares Russell 1000 Growth ETF by 4.2% during the first quarter. LPL Financial LLC now owns 3,280,071 shares of the exchange traded fund’s stock worth $1,184,401,000 after buying an additional 133,621 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in iShares Russell 1000 Growth ETF by 3.6% in the first quarter. Commonwealth Equity Services LLC now owns 2,173,269 shares of the exchange traded fund’s stock valued at $784,746,000 after buying an additional 75,027 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 3.2%

Shares of iShares Russell 1000 Growth ETF stock opened at $459.47 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $476.74. The stock has a market cap of $119.12 billion, a PE ratio of 33.43 and a beta of 1.08. The company has a 50-day moving average of $455.48 and a two-hundred day moving average of $414.73.

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.