Envestnet Asset Management Inc. Grows Stock Position in iShares Russell 1000 Growth ETF $IWF

by · The Markets Daily

Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF – Free Report) by 291.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,963,458 shares of the exchange traded fund’s stock after acquiring an additional 15,614,625 shares during the quarter. Envestnet Asset Management Inc. owned 2.06% of iShares Russell 1000 Growth ETF worth $2,603,007,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Roxbury Financial LLC raised its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 162 shares during the last quarter. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Growth ETF during the 1st quarter worth approximately $28,000. Richards Merrill & Peterson Inc. grew its position in iShares Russell 1000 Growth ETF by 76.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the last quarter. Byrne Asset Management LLC increased its stake in iShares Russell 1000 Growth ETF by 300.0% during the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 177 shares in the last quarter. Finally, Motiv8 Investments LLC acquired a new position in iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 1.0%

Shares of NYSEARCA IWF traded down $1.31 during midday trading on Wednesday, reaching $125.39. The company had a trading volume of 3,471,831 shares, compared to its average volume of 7,779,591. The business’s 50-day simple moving average is $121.96 and its 200 day simple moving average is $119.61. The stock has a market cap of $127.80 billion, a P/E 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 Company Profile

(Free Report)

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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