Envestnet Portfolio Solutions Inc. Boosts Stock Position in iShares Russell 1000 Growth ETF $IWF

Envestnet Portfolio Solutions Inc. increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 320.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,464 shares of the exchange traded fund’s stock after purchasing an additional 193,200 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $31,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Growth ETF by 1.0% in the 4th quarter. JPMorgan Chase & Co. now owns 7,496,501 shares of the exchange traded fund’s stock worth $3,548,095,000 after buying an additional 70,843 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 291.9% during the second quarter. Envestnet Asset Management Inc. now owns 20,963,458 shares of the exchange traded fund’s stock valued at $2,603,007,000 after acquiring an additional 15,614,625 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 3,755,659 shares of the exchange traded fund’s stock valued at $1,777,554,000 after acquiring an additional 63,975 shares in the last quarter. Baird Financial Group Inc. lifted its stake in iShares Russell 1000 Growth ETF by 312.9% in the second quarter. Baird Financial Group Inc. now owns 11,588,776 shares of the exchange traded fund’s stock worth $1,438,978,000 after acquiring an additional 8,781,777 shares during the period. Finally, Royal Bank of Canada lifted its stake in iShares Russell 1000 Growth ETF by 16.2% in the fourth quarter. Royal Bank of Canada now owns 2,024,447 shares of the exchange traded fund’s stock worth $958,170,000 after acquiring an additional 282,106 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF traded down $1.31 during trading hours on Wednesday, hitting $125.39. The company had a trading volume of 3,471,831 shares, compared to its average volume of 7,779,591. The company has a market capitalization of $127.80 billion, a PE ratio of 33.43 and a beta of 1.17. The stock has a 50-day moving average price of $121.96 and a 200 day moving average price of $119.61. iShares Russell 1000 Growth ETF has a 52 week low of $102.23 and a 52 week high of $129.14.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.