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

Corundum Group Inc. decreased its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 3.1% during the 4th quarter, Holdings Channel reports. The firm owned 66,822 shares of the exchange traded fund’s stock after selling 2,143 shares during the period. iShares Russell 1000 Growth ETF comprises about 10.0% of Corundum Group Inc.’s investment portfolio, making the stock its biggest position. Corundum Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $26,834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter worth $27,000. ORG Wealth Partners LLC bought a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at approximately $31,000. Nemes Rush Group LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 188.2% in the second quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 64 shares during the last quarter. Kimelman & Baird LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $47,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $51,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $406.98 on Monday. The business has a fifty day simple moving average of $403.79 and a two-hundred day simple moving average of $380.70. iShares Russell 1000 Growth ETF has a 1 year low of $304.85 and a 1 year high of $419.53. The company has a market capitalization of $107.67 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

About iShares Russell 1000 Growth ETF

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.