M&T Bank Corp Increases Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

M&T Bank Corp boosted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,479,622 shares of the exchange traded fund’s stock after buying an additional 10,496 shares during the period. iShares Russell 1000 Growth ETF comprises about 2.8% of M&T Bank Corp’s portfolio, making the stock its 5th biggest holding. M&T Bank Corp’s holdings in iShares Russell 1000 Growth ETF were worth $751,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWF. Merit Financial Group LLC boosted its holdings in iShares Russell 1000 Growth ETF by 21.5% in the 4th quarter. Merit Financial Group LLC now owns 3,612 shares of the exchange traded fund’s stock valued at $1,095,000 after purchasing an additional 638 shares during the period. 9258 Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 15.2% during the fourth quarter. 9258 Wealth Management LLC now owns 3,208 shares of the exchange traded fund’s stock worth $973,000 after buying an additional 423 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in iShares Russell 1000 Growth ETF by 200.7% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,959 shares of the exchange traded fund’s stock worth $897,000 after acquiring an additional 1,975 shares during the period. Aveo Capital Partners LLC acquired a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at $209,000. Finally, Eldridge Investment Advisors Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 226.6% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 13,834 shares of the exchange traded fund’s stock valued at $4,194,000 after acquiring an additional 9,598 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA IWF traded up $5.86 during mid-day trading on Friday, reaching $331.50. The company had a trading volume of 751,943 shares, compared to its average volume of 1,378,412. The firm has a market cap of $87.70 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The business’s 50-day simple moving average is $331.11 and its 200 day simple moving average is $309.51. iShares Russell 1000 Growth ETF has a one year low of $241.41 and a one year high of $340.83.

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.