iShares Russell 1000 Growth ETF $IWF Shares Bought by Mechanics Bank Trust Department

Mechanics Bank Trust Department grew its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 297.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 31,724 shares of the exchange traded fund’s stock after acquiring an additional 23,743 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Russell 1000 Growth ETF were worth $3,939,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $27,000. Roxbury Financial LLC boosted its holdings in iShares Russell 1000 Growth ETF by 300.0% during the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 162 shares in the last quarter. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $28,000. Concord Wealth Partners grew its position in iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 42 shares during the period. Finally, Richards Merrill & Peterson Inc. increased its holdings in iShares Russell 1000 Growth ETF by 76.9% in the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 30 shares in the last quarter. 75.33% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of iShares Russell 1000 Growth ETF stock opened at $123.89 on Thursday. The company has a 50-day moving average of $121.89 and a two-hundred day moving average of $117.58. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The stock has a market cap of $126.94 billion, a PE ratio of 33.43 and a beta of 1.17.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.