Montecito Bank & Trust Trims Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Montecito Bank & Trust reduced its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,046 shares of the exchange traded fund’s stock after selling 363 shares during the quarter. iShares Russell 1000 Growth ETF accounts for about 5.4% of Montecito Bank & Trust’s investment portfolio, making the stock its largest holding. Montecito Bank & Trust’s holdings in iShares Russell 1000 Growth ETF were worth $30,940,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Secure Asset Management LLC lifted its position in iShares Russell 1000 Growth ETF by 16.3% in the 4th quarter. Secure Asset Management LLC now owns 1,506 shares of the exchange traded fund’s stock valued at $605,000 after acquiring an additional 211 shares in the last quarter. Capital Planning Advisors LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 4.7% in the 4th quarter. Capital Planning Advisors LLC now owns 70,295 shares of the exchange traded fund’s stock valued at $28,229,000 after purchasing an additional 3,137 shares during the period. Baron Silver Stevens Financial Advisors LLC lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.7% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 116,661 shares of the exchange traded fund’s stock valued at $46,849,000 after purchasing an additional 1,894 shares in the last quarter. Avior Wealth Management LLC boosted its position in shares of iShares Russell 1000 Growth ETF by 4.3% during the fourth quarter. Avior Wealth Management LLC now owns 12,239 shares of the exchange traded fund’s stock worth $4,915,000 after buying an additional 507 shares during the period. Finally, Adirondack Trust Co. grew its holdings in shares of iShares Russell 1000 Growth ETF by 10.5% during the fourth quarter. Adirondack Trust Co. now owns 8,652 shares of the exchange traded fund’s stock worth $3,474,000 after buying an additional 823 shares in the last quarter.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $417.26 on Friday. The firm has a market cap of $110.39 billion, a PE ratio of 35.64 and a beta of 1.20. The business’s 50 day simple moving average is $404.52 and its 200 day simple moving average is $381.44. iShares Russell 1000 Growth ETF has a 52-week low of $310.51 and a 52-week high of $419.53.

About iShares Russell 1000 Growth ETF

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.