Canandaigua National Bank & Trust Co. Makes New $3.63 Million Investment in iShares Russell 1000 Growth ETF $IWF

Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,240 shares of the exchange traded fund’s stock, valued at approximately $3,631,000.

A number of other hedge funds have also recently modified their holdings of the business. Principal Securities Inc. boosted its holdings in iShares Russell 1000 Growth ETF by 0.4% during the 4th quarter. Principal Securities Inc. now owns 5,159 shares of the exchange traded fund’s stock valued at $2,442,000 after acquiring an additional 22 shares during the period. Marks Group Wealth Management Inc increased its stake in iShares Russell 1000 Growth ETF by 2.1% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,123 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 23 shares during the period. Blankinship & Foster LLC increased its stake in iShares Russell 1000 Growth ETF by 0.4% in the first quarter. Blankinship & Foster LLC now owns 5,589 shares of the exchange traded fund’s stock worth $2,383,000 after purchasing an additional 24 shares during the period. Rossby Financial LCC lifted its position in shares of iShares Russell 1000 Growth ETF by 3.7% during the fourth quarter. Rossby Financial LCC now owns 674 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 24 shares during the last quarter. Finally, Cambridge Advisors Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cambridge Advisors Inc. now owns 6,509 shares of the exchange traded fund’s stock worth $2,775,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 2.8%

Shares of IWF opened at $124.30 on Wednesday. The firm has a market capitalization of $127.36 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The firm has a fifty day moving average price of $121.92 and a 200-day moving average price of $117.53.

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.