First Citizens Bank & Trust Co. reduced its stake in shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 18.8% during the 4th quarter, Holdings Channel reports. The firm owned 31,730 shares of the exchange traded fund’s stock after selling 7,344 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell 1000 Growth Index were worth $4,273,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Growth Index by 5.9% in the third quarter. JPMorgan Chase & Co. now owns 2,470,364 shares of the exchange traded fund’s stock valued at $307,584,000 after acquiring an additional 136,536 shares during the last quarter. Iberiabank Corp lifted its holdings in iShares Russell 1000 Growth Index by 217.8% in the third quarter. Iberiabank Corp now owns 85,285 shares of the exchange traded fund’s stock valued at $10,808,000 after acquiring an additional 58,450 shares during the last quarter. Synovus Financial Corp lifted its holdings in iShares Russell 1000 Growth Index by 3.8% in the third quarter. Synovus Financial Corp now owns 2,585,088 shares of the exchange traded fund’s stock valued at $323,312,000 after acquiring an additional 93,762 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in iShares Russell 1000 Growth Index by 6.7% in the third quarter. Founders Financial Securities LLC now owns 63,359 shares of the exchange traded fund’s stock valued at $7,924,000 after acquiring an additional 3,973 shares during the last quarter. Finally, Jackson Wealth Management LLC lifted its holdings in iShares Russell 1000 Growth Index by 5.0% in the third quarter. Jackson Wealth Management LLC now owns 76,957 shares of the exchange traded fund’s stock valued at $9,767,000 after acquiring an additional 3,648 shares during the last quarter.

iShares Russell 1000 Growth Index (NYSEARCA IWF) traded down $0.57 on Wednesday, reaching $139.06. The company had a trading volume of 1,678,300 shares, compared to its average volume of 1,949,917. iShares Russell 1000 Growth Index has a 12-month low of $106.56 and a 12-month high of $139.93. The firm has a market capitalization of $41,510.00 and a PE ratio of 17.56.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were issued a $0.3567 dividend. This represents a $1.43 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend was Thursday, December 21st. iShares Russell 1000 Growth Index’s dividend payout ratio is presently 18.69%.

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iShares Russell 1000 Growth Index 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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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