First United Bank Trust Decreases Stake in iShares Russell 1000 Growth ETF (IWF)

First United Bank Trust lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 26,009 shares of the exchange traded fund’s stock after selling 3,547 shares during the period. iShares Russell 1000 Growth ETF accounts for 2.4% of First United Bank Trust’s portfolio, making the stock its 6th largest position. First United Bank Trust’s holdings in iShares Russell 1000 Growth ETF were worth $3,937,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWF. Bank of America Corp DE increased its stake in iShares Russell 1000 Growth ETF by 14.3% in the 4th quarter. Bank of America Corp DE now owns 37,610,098 shares of the exchange traded fund’s stock valued at $4,923,537,000 after buying an additional 4,702,523 shares during the last quarter. FMR LLC increased its stake in iShares Russell 1000 Growth ETF by 9.5% in the 4th quarter. FMR LLC now owns 15,226,264 shares of the exchange traded fund’s stock valued at $1,993,270,000 after buying an additional 1,326,049 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 3.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,258,337 shares of the exchange traded fund’s stock worth $557,458,000 after purchasing an additional 148,963 shares during the last quarter. Raymond James & Associates increased its stake in shares of iShares Russell 1000 Growth ETF by 11.6% during the 4th quarter. Raymond James & Associates now owns 4,045,817 shares of the exchange traded fund’s stock worth $529,638,000 after purchasing an additional 420,034 shares during the last quarter. Finally, Suntrust Banks Inc. increased its stake in shares of iShares Russell 1000 Growth ETF by 5.7% during the 4th quarter. Suntrust Banks Inc. now owns 3,164,135 shares of the exchange traded fund’s stock worth $414,217,000 after purchasing an additional 171,074 shares during the last quarter.

iShares Russell 1000 Growth ETF stock opened at $158.53 on Friday. iShares Russell 1000 Growth ETF has a fifty-two week low of $121.71 and a fifty-two week high of $158.96.

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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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

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