Mechanics Bank Trust Department Boosts Holdings in iShares Russell 1000 Growth ETF $IWF

Mechanics Bank Trust Department raised its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 297.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 31,724 shares of the exchange traded fund’s stock after buying an additional 23,743 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Russell 1000 Growth ETF were worth $3,939,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $27,000. Concord Wealth Partners increased its stake in shares of iShares Russell 1000 Growth ETF by 210.0% during the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares during the period. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth about $30,000. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Growth ETF during the first quarter worth about $28,000. Finally, Networth Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 0.3%

Shares of IWF opened at $123.89 on Thursday. The stock’s 50 day moving average is $121.89 and its two-hundred day moving average is $117.58. iShares Russell 1000 Growth ETF has a twelve month low of $102.23 and a twelve month high of $129.14. The firm has a market capitalization of $126.94 billion, a PE 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.