Corundum Group Inc. Reduces Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Corundum Group Inc. lessened its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,965 shares of the exchange traded fund’s stock after selling 3,185 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 11.8% of Corundum Group Inc.’s portfolio, making the stock its biggest holding. Corundum Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $25,888,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Cannon Financial Strategists Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 4.3% in the 3rd quarter. Cannon Financial Strategists Inc. now owns 7,192 shares of the exchange traded fund’s stock worth $2,700,000 after purchasing an additional 298 shares during the period. Pure Portfolios Holdings LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $301,000. New Century Financial Group LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth approximately $258,000. Proathlete Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 6.3% in the 3rd quarter. Proathlete Wealth Management LLC now owns 62,054 shares of the exchange traded fund’s stock worth $23,294,000 after purchasing an additional 3,681 shares during the period. Finally, Resonant Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 3.2% in the 3rd quarter. Resonant Capital Advisors LLC now owns 2,637 shares of the exchange traded fund’s stock worth $990,000 after purchasing an additional 83 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 0.5 %

NYSEARCA:IWF opened at $382.82 on Monday. iShares Russell 1000 Growth ETF has a 12 month low of $256.01 and a 12 month high of $384.66. The stock has a market capitalization of $101.28 billion, a PE ratio of 35.64 and a beta of 1.20. The firm’s 50 day moving average is $367.71 and its 200 day moving average is $355.31.

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.