Bank of New York Mellon Corp Trims Position in iShares Russell 1000 Growth ETF $IWF

Bank of New York Mellon Corp lowered its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 6.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,202,796 shares of the exchange traded fund’s stock after selling 76,972 shares during the period. Bank of New York Mellon Corp owned about 0.12% of iShares Russell 1000 Growth ETF worth $512,872,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. 71 West Capital Partners purchased a new position in shares of iShares Russell 1000 Growth ETF in the fourth quarter valued at about $385,150,000. OpenArc Corporate Advisory LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $376,761,000. Dynasty Wealth Management LLC grew its position in shares of iShares Russell 1000 Growth ETF by 1,752.6% during the fourth quarter. Dynasty Wealth Management LLC now owns 657,578 shares of the exchange traded fund’s stock worth $311,232,000 after purchasing an additional 622,083 shares in the last quarter. Fifth Third Bancorp raised its stake in iShares Russell 1000 Growth ETF by 153.2% during the 1st quarter. Fifth Third Bancorp now owns 983,920 shares of the exchange traded fund’s stock valued at $419,544,000 after purchasing an additional 595,395 shares during the period. Finally, Morgan Stanley lifted its holdings in iShares Russell 1000 Growth ETF by 2.2% in the 4th quarter. Morgan Stanley now owns 27,636,174 shares of the exchange traded fund’s stock worth $13,080,203,000 after purchasing an additional 587,889 shares in the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $121.20 on Friday. 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 capitalization of $125.21 billion, a price-to-earnings ratio of 33.43 and a beta of 1.16. The business has a 50 day simple moving average of $123.35 and a two-hundred day simple moving average of $117.51.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.