282,104 Shares of iShares Russell 1000 Growth ETF $IWF Acquired by Montecito Bank & Trust

Montecito Bank & Trust purchased a new stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 282,104 shares of the exchange traded fund’s stock, valued at approximately $35,336,000. iShares Russell 1000 Growth ETF comprises 5.4% of Montecito Bank & Trust’s holdings, making the stock its 2nd largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Coastline Trust Co acquired a new position in shares of iShares Russell 1000 Growth ETF in the third quarter valued at approximately $791,000. QRG Capital Management Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 364.5% during the 2nd quarter. QRG Capital Management Inc. now owns 32,001 shares of the exchange traded fund’s stock worth $3,974,000 after purchasing an additional 25,111 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 320.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 253,464 shares of the exchange traded fund’s stock worth $31,473,000 after purchasing an additional 193,200 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 291.9% during the 2nd 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 last quarter. Finally, Silicon Valley Capital Partners boosted its stake in iShares Russell 1000 Growth ETF by 300.4% in the 2nd quarter. Silicon Valley Capital Partners now owns 12,084 shares of the exchange traded fund’s stock valued at $1,500,000 after purchasing an additional 9,066 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA IWF traded up $0.47 on Thursday, reaching $125.73. The stock had a trading volume of 3,441,729 shares, compared to its average volume of 7,634,346. The firm has a fifty day moving average of $122.51 and a two-hundred day moving average of $120.16. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14. The company has a market cap of $128.24 billion, a P/E 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.