Smartleaf Asset Management LLC Acquires 18,443 Shares of iShares Russell 1000 Growth ETF $IWF

Smartleaf Asset Management LLC increased its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 427.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,756 shares of the exchange traded fund’s stock after buying an additional 18,443 shares during the period. iShares Russell 1000 Growth ETF accounts for 0.7% of Smartleaf Asset Management LLC’s holdings, making the stock its 23rd largest position. Smartleaf Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $10,617,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in iShares Russell 1000 Growth ETF by 6.0% in 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 purchasing an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in 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 worth $2,244,071,000 after buying an additional 70,645 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings 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 buying an additional 13,758 shares during the period. Baird Financial Group Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 15.8% in the 2nd 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 lifted its holdings in shares of iShares Russell 1000 Growth ETF by 1.1% during the 2nd quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock worth $1,087,303,000 after acquiring an additional 27,927 shares during the period. Institutional investors and hedge funds own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 2.4%

NYSEARCA IWF opened at $456.84 on Friday. The firm’s 50 day simple moving average is $471.73 and its 200 day simple moving average is $464.64. The firm has a market capitalization of $117.50 billion, a price-to-earnings ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 1 year low of $308.67 and a 1 year high of $493.00.

iShares Russell 1000 Growth ETF Company 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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.