BTC Capital Management Inc. Has $41.71 Million Stake in iShares Russell 1000 Growth ETF $IWF

BTC Capital Management Inc. increased its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,042 shares of the exchange traded fund’s stock after buying an additional 1,230 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 2.9% of BTC Capital Management Inc.’s portfolio, making the stock its 7th largest position. BTC Capital Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $41,708,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new position in shares of iShares Russell 1000 Growth ETF during the second quarter worth $32,000. Manning & Napier Advisors LLC acquired a new stake in iShares Russell 1000 Growth ETF in the third quarter valued at $47,000. Flagship Wealth Advisors LLC raised its position in iShares Russell 1000 Growth ETF by 131.9% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 109 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 62 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth $53,000. Finally, Compass Financial Services Inc acquired a new position in iShares Russell 1000 Growth ETF during the 2nd quarter worth about $62,000. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Down 0.4%

NYSEARCA IWF opened at $447.17 on Friday. The firm has a market capitalization of $115.01 billion, a PE ratio of 33.43 and a beta of 1.13. The business’s 50-day moving average price is $469.53 and its two-hundred day moving average price is $465.02. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $493.00.

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.