Envestnet Portfolio Solutions Inc. Sells 11,962 Shares of iShares Russell 1000 Growth ETF $IWF

Envestnet Portfolio Solutions Inc. lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 14.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 70,247 shares of the exchange traded fund’s stock after selling 11,962 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $29,825,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Golden State Wealth Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 311.2% in the first quarter. Golden State Wealth Management LLC now owns 2,743 shares of the exchange traded fund’s stock worth $991,000 after buying an additional 2,076 shares during the last quarter. PGIM Custom Harvest LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 27.3% during the first quarter. PGIM Custom Harvest LLC now owns 5,428 shares of the exchange traded fund’s stock valued at $1,960,000 after purchasing an additional 1,165 shares during the last quarter. Partnership Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 5.4% during the second quarter. Partnership Wealth Management LLC now owns 18,058 shares of the exchange traded fund’s stock valued at $7,667,000 after purchasing an additional 922 shares during the last quarter. Obermeyer Wealth Partners raised its holdings in shares of iShares Russell 1000 Growth ETF by 27.0% during the first quarter. Obermeyer Wealth Partners now owns 3,565 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 759 shares during the last quarter. Finally, Summit Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 3.3% during the first quarter. Summit Financial LLC now owns 38,912 shares of the exchange traded fund’s stock valued at $14,051,000 after purchasing an additional 1,256 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 3.2%

IWF opened at $459.47 on Monday. The firm has a 50 day moving average price of $455.48 and a 200-day moving average price of $415.34. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $476.74. The stock has a market capitalization of $118.98 billion, a price-to-earnings ratio of 33.43 and a beta of 1.08.

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.