Bank of New York Mellon Corp Has $574.20 Million Stake in iShares Russell 1000 Growth ETF $IWF

Bank of New York Mellon Corp grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWFFree Report) by 1.0% during the third quarter, Holdings Channel.com reports. The firm owned 1,225,855 shares of the exchange traded fund’s stock after acquiring an additional 12,342 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell 1000 Growth ETF were worth $574,203,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Endowment Wealth Management Inc. acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth approximately $210,000. First Horizon Corp acquired a new position in iShares Russell 1000 Growth ETF during the third quarter worth $39,629,000. Dynasty Wealth Management LLC bought a new position in iShares Russell 1000 Growth ETF in the third quarter valued at $16,626,000. Advyzon Investment Management LLC bought a new position in iShares Russell 1000 Growth ETF in the second quarter valued at $615,000. Finally, Permanent Capital Management LP acquired a new stake in iShares Russell 1000 Growth ETF in the 3rd quarter valued at $4,100,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $473.29 on Thursday. The company’s 50-day moving average price is $472.89 and its two-hundred day moving average price is $463.30. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The stock has a market capitalization of $122.35 billion, a PE ratio of 33.43 and a beta of 1.13.

About iShares Russell 1000 Growth ETF

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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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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