Cullen Frost Bankers Inc. Sells 5,355 Shares of iShares Russell 1000 Growth ETF $IWF

Cullen Frost Bankers Inc. decreased its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 348,828 shares of the exchange traded fund’s stock after selling 5,355 shares during the period. iShares Russell 1000 Growth ETF accounts for about 1.9% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 11th biggest position. Cullen Frost Bankers Inc. owned approximately 0.13% of iShares Russell 1000 Growth ETF worth $163,395,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Concord Wealth Partners lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1,966.7% in the 2nd quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 59 shares during the period. HighMark Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 60.5% in the second quarter. HighMark Wealth Management LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. Bell Investment Advisors Inc purchased a new stake in iShares Russell 1000 Growth ETF in the second quarter worth about $32,000. Manning & Napier Advisors LLC purchased a new stake in iShares Russell 1000 Growth ETF in the third quarter worth about $47,000. Finally, Flagship Wealth Advisors LLC grew its holdings in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 62 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA IWF opened at $468.26 on Friday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market capitalization of $121.21 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The company’s 50-day simple moving average is $472.34 and its two-hundred day simple moving average is $462.36.

iShares Russell 1000 Growth ETF Company 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.