Ameritas Advisory Services LLC Cuts Stake in iShares Russell 1000 Growth ETF $IWF

Ameritas Advisory Services LLC lessened its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 37.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,021 shares of the exchange traded fund’s stock after selling 35,729 shares during the period. iShares Russell 1000 Growth ETF accounts for about 1.8% of Ameritas Advisory Services LLC’s portfolio, making the stock its 4th largest position. Ameritas Advisory Services LLC’s holdings in iShares Russell 1000 Growth ETF were worth $27,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 Growth ETF by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after purchasing an additional 411,172 shares during the period. Envestnet Asset Management Inc. increased its holdings 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 valued at $2,244,071,000 after buying an additional 70,645 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 Growth ETF by 0.4% in the second 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 buying an additional 13,758 shares in the last quarter. Baird Financial Group Inc. raised its stake 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 worth $1,159,009,000 after buying an additional 372,064 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in 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 period. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Down 2.0%

Shares of NYSEARCA:IWF opened at $448.96 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The business’s fifty day simple moving average is $470.16 and its 200-day simple moving average is $464.98. The company has a market capitalization of $115.47 billion, a PE ratio of 33.43 and a beta of 1.13.

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.