iShares Russell 1000 Growth ETF $IWF Stock Position Increased by SMI Advisory Services LLC

SMI Advisory Services LLC grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2,606.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,966 shares of the exchange traded fund’s stock after purchasing an additional 36,563 shares during the quarter. iShares Russell 1000 Growth ETF makes up approximately 3.4% of SMI Advisory Services LLC’s portfolio, making the stock its 8th largest holding. SMI Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $17,842,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IWF. Kingstone Capital Partners Texas LLC grew its holdings in iShares Russell 1000 Growth ETF by 722,329.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after buying an additional 17,848,756 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 0.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after acquiring an additional 68,243 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell 1000 Growth ETF by 6.0% during the second quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock valued at $3,063,916,000 after acquiring an additional 411,172 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Russell 1000 Growth ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock valued at $2,244,071,000 after acquiring an additional 70,645 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares Russell 1000 Growth ETF by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock worth $1,321,645,000 after purchasing an additional 13,758 shares in the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Up 0.1%

Shares of IWF stock opened at $469.79 on Wednesday. The company has a market capitalization of $121.98 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. The firm has a 50-day moving average price of $473.90 and a 200 day moving average price of $450.93. iShares Russell 1000 Growth ETF has a twelve month low of $308.67 and a twelve month high of $493.00.

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.