UMB Bank N A MO lowered its stake in iShares Russell 1000 Growth Index (NYSE:IWF) by 3.3% during the second quarter, Holdings Channel reports. The institutional investor owned 59,293 shares of the exchange traded fund’s stock after selling 2,043 shares during the period. UMB Bank N A MO’s holdings in iShares Russell 1000 Growth Index were worth $7,057,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new stake in iShares Russell 1000 Growth Index during the second quarter worth $26,145,000. Donald L. Hagan LLC boosted its stake in iShares Russell 1000 Growth Index by 111.9% in the second quarter. Donald L. Hagan LLC now owns 25,652 shares of the exchange traded fund’s stock worth $3,053,000 after buying an additional 13,544 shares in the last quarter. FineMark National Bank & Trust boosted its stake in iShares Russell 1000 Growth Index by 1.7% in the second quarter. FineMark National Bank & Trust now owns 13,453 shares of the exchange traded fund’s stock worth $1,601,000 after buying an additional 226 shares in the last quarter. Congress Asset Management Co. MA boosted its stake in iShares Russell 1000 Growth Index by 3.9% in the second quarter. Congress Asset Management Co. MA now owns 20,355 shares of the exchange traded fund’s stock worth $2,423,000 after buying an additional 757 shares in the last quarter. Finally, 1ST Source Bank boosted its stake in iShares Russell 1000 Growth Index by 5.8% in the second quarter. 1ST Source Bank now owns 769,176 shares of the exchange traded fund’s stock worth $91,548,000 after buying an additional 42,205 shares in the last quarter.

Shares of iShares Russell 1000 Growth Index (IWF) opened at 120.94 on Friday. The company has a 50 day moving average price of $121.01 and a 200-day moving average price of $116.36. iShares Russell 1000 Growth Index has a 12-month low of $99.57 and a 12-month high of $123.32.

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About iShares Russell 1000 Growth Index

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSE:IWF)

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