iShares Russell 1000 Growth ETF $IWF Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 291.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,963,458 shares of the exchange traded fund’s stock after purchasing an additional 15,614,625 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $2,603,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Silicon Valley Capital Partners boosted its holdings in shares of iShares Russell 1000 Growth ETF by 300.4% in the 2nd quarter. Silicon Valley Capital Partners now owns 12,084 shares of the exchange traded fund’s stock valued at $1,500,000 after acquiring an additional 9,066 shares during the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in iShares Russell 1000 Growth ETF during the second quarter valued at $206,000. Reynders McVeigh Capital Management LLC lifted its position in iShares Russell 1000 Growth ETF by 302.1% during the second quarter. Reynders McVeigh Capital Management LLC now owns 6,812 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 5,118 shares during the period. Cherry Tree Wealth Management LLC boosted its holdings in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Cherry Tree Wealth Management LLC now owns 872 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 654 shares during the last quarter. Finally, Smith Chas P & Associates PA Cpas boosted its holdings in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Smith Chas P & Associates PA Cpas now owns 1,992 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 1,494 shares during the last quarter. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.0%

IWF traded down $1.31 during midday trading on Wednesday, hitting $125.39. 3,471,831 shares of the company were exchanged, compared to its average volume of 7,779,591. The company’s 50 day simple moving average is $121.96 and its 200 day simple moving average is $119.61. The firm has a market capitalization of $127.80 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 1-year low of $102.23 and a 1-year high of $129.14.

iShares Russell 1000 Growth ETF 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.