Trust Co. of Vermont Makes New $1.13 Million Investment in iShares Russell 1000 Growth ETF $IWF

Trust Co. of Vermont acquired a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the 2nd quarter, Holdings Channel reports. The fund acquired 9,092 shares of the exchange traded fund’s stock, valued at approximately $1,129,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in iShares Russell 1000 Growth ETF by 1.6% in the 4th quarter. Bank of America Corp DE now owns 28,021,788 shares of the exchange traded fund’s stock worth $13,262,712,000 after purchasing an additional 443,914 shares in the last quarter. Morgan Stanley increased its position in shares of iShares Russell 1000 Growth ETF by 2.2% during the fourth quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after buying an additional 587,889 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Russell 1000 Growth ETF by 1.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after buying an additional 70,843 shares during the period. Northern Trust Corp raised its stake in iShares Russell 1000 Growth ETF by 1.9% during the fourth quarter. Northern Trust Corp now owns 5,560,417 shares of the exchange traded fund’s stock worth $2,631,745,000 after buying an additional 101,545 shares during the last quarter. Finally, LPL Financial LLC boosted its position in iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock valued at $1,777,554,000 after acquiring an additional 63,975 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $123.07 on Wednesday. iShares Russell 1000 Growth ETF has a one year low of $102.23 and a one year high of $129.14. The stock’s 50-day moving average is $121.61 and its 200 day moving average is $118.04. The firm has a market cap of $126.10 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

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.