32,727 Shares in iShares Russell 1000 Growth ETF $IWF Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department purchased a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 32,727 shares of the exchange traded fund’s stock, valued at approximately $4,099,000.

Several other large investors also recently modified their holdings of IWF. Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Growth ETF by 291.9% in the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock worth $2,603,007,000 after purchasing an additional 15,614,625 shares during the period. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock valued at $1,438,978,000 after purchasing an additional 8,781,777 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of iShares Russell 1000 Growth ETF by 16.2% during the fourth quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock valued at $958,170,000 after purchasing an additional 282,106 shares during the period. Stairway Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at about $198,042,000. Finally, Cetera Investment Advisers raised its holdings in shares of iShares Russell 1000 Growth ETF by 0.4% during the first quarter. Cetera Investment Advisers now owns 1,569,465 shares of the exchange traded fund’s stock valued at $669,220,000 after purchasing an additional 6,404 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF stock traded down $0.01 on Tuesday, reaching $127.12. 8,186,356 shares of the company were exchanged, compared to its average volume of 7,514,499. The company has a market cap of $129.74 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The company has a 50-day moving average of $124.18 and a 200-day moving average of $121.35. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.80.

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.