SlateStone Wealth LLC Has $22.53 Million Holdings in iShares Russell 1000 Growth ETF $IWF

SlateStone Wealth LLC reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 12.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,096 shares of the exchange traded fund’s stock after selling 6,539 shares during the quarter. iShares Russell 1000 Growth ETF accounts for 2.0% of SlateStone Wealth LLC’s holdings, making the stock its 9th biggest holding. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Growth ETF were worth $22,529,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in 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 worth $3,063,916,000 after acquiring an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Russell 1000 Growth ETF by 1.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after purchasing an additional 70,645 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares Russell 1000 Growth ETF by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,112,830 shares of the exchange traded fund’s stock valued at $1,321,645,000 after purchasing an additional 13,758 shares during the last quarter. Baird Financial Group Inc. boosted its position in iShares Russell 1000 Growth ETF by 15.8% in the second quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock valued at $1,159,009,000 after buying an additional 372,064 shares in the last quarter. Finally, M&T Bank Corp grew its stake in shares of iShares Russell 1000 Growth ETF by 1.1% during the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock worth $1,087,303,000 after buying an additional 27,927 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Up 1.5%

Shares of IWF opened at $452.58 on Friday. The business has a 50-day simple moving average of $472.12 and a two-hundred day simple moving average of $464.27. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The stock has a market cap of $116.40 billion, a PE ratio of 33.43 and a beta of 1.13.

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.