Community Bank N.A. Grows Stock Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Community Bank N.A. boosted its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,627 shares of the exchange traded fund’s stock after buying an additional 398 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 1.0% of Community Bank N.A.’s investment portfolio, making the stock its 22nd biggest holding. Community Bank N.A.’s holdings in iShares Russell 1000 Growth ETF were worth $7,466,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. BIP Wealth LLC increased its stake in iShares Russell 1000 Growth ETF by 59.7% in the fourth quarter. BIP Wealth LLC now owns 1,987 shares of the exchange traded fund’s stock worth $602,000 after purchasing an additional 743 shares during the period. JMG Financial Group Ltd. increased its stake in iShares Russell 1000 Growth ETF by 8.9% in the fourth quarter. JMG Financial Group Ltd. now owns 35,288 shares of the exchange traded fund’s stock worth $10,698,000 after purchasing an additional 2,895 shares during the period. Private Management Group Inc. increased its stake in iShares Russell 1000 Growth ETF by 9.6% in the fourth quarter. Private Management Group Inc. now owns 1,139 shares of the exchange traded fund’s stock worth $345,000 after purchasing an additional 100 shares during the period. Financial Perspectives Inc increased its stake in iShares Russell 1000 Growth ETF by 8.2% in the fourth quarter. Financial Perspectives Inc now owns 2,931 shares of the exchange traded fund’s stock worth $889,000 after purchasing an additional 222 shares during the period. Finally, GAMMA Investing LLC purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $578,000.

iShares Russell 1000 Growth ETF Stock Performance

IWF stock traded up $0.17 during midday trading on Wednesday, reaching $324.20. The company’s stock had a trading volume of 686,512 shares, compared to its average volume of 1,421,460. The stock has a fifty day simple moving average of $331.20 and a two-hundred day simple moving average of $307.23. iShares Russell 1000 Growth ETF has a 1 year low of $239.23 and a 1 year high of $340.83. The firm has a market capitalization of $85.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20.

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.