Envestnet Portfolio Solutions Inc. lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 9.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,633 shares of the exchange traded fund’s stock after selling 6,614 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $29,806,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of iShares Russell 1000 Growth ETF by 6.0% in the second quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after purchasing an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 1.4% in the second quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after purchasing an additional 70,645 shares during the period. PNC Financial Services Group Inc. grew its position in iShares Russell 1000 Growth ETF by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock valued at $1,321,645,000 after buying an additional 13,758 shares in the last quarter. Baird Financial Group Inc. grew its position in iShares Russell 1000 Growth ETF by 15.8% in the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after buying an additional 372,064 shares in the last quarter. Finally, M&T Bank Corp increased its stake in iShares Russell 1000 Growth ETF by 1.1% during the 2nd quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock valued at $1,087,303,000 after buying an additional 27,927 shares during the period. 75.33% of the stock is owned by institutional investors.
iShares Russell 1000 Growth ETF Trading Up 0.8%
IWF stock opened at $465.98 on Friday. The firm’s 50-day moving average is $472.39 and its two-hundred day moving average is $461.80. The company has a market capitalization of $121.04 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 52 week low of $308.67 and a 52 week 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.
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