Polen Capital's position in BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF is currently worth $189 Million. That's 0.53% of their equity portfolio (27th largest holding). The investor owns 8.16% of the outstanding BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF stock. The first BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF trade was made in Q2 2013. Since then Polen Capital bought shares 25 more times and sold shares on 21 occasions. The stake costed the investor $116 Million, netting the investor a gain of 63% so far.
To begin with, we are not major fans of ETFs of REITs, since REITs themselves are already asset portfolios and more layering is unnecessary and costly at 0.4...
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