Janney Montgomery Scott LLC Reduces Stock Position in iShares Russell 1000 Growth ETF $IWF

Janney Montgomery Scott LLC lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 1.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 763,352 shares of the exchange traded fund’s stock after selling 11,784 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 0.8% of Janney Montgomery Scott LLC’s holdings, making the stock its 16th largest holding. Janney Montgomery Scott LLC owned about 0.29% of iShares Russell 1000 Growth ETF worth $357,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWF. Kingstone Capital Partners Texas LLC raised its holdings in shares of iShares Russell 1000 Growth ETF by 722,329.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 17,851,227 shares of the exchange traded fund’s stock valued at $7,579,274,000 after acquiring an additional 17,848,756 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in iShares Russell 1000 Growth ETF by 42,358.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after purchasing an additional 1,700,674 shares during the period. JPMorgan Chase & Co. raised its holdings in 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 in the last quarter. Baird Financial Group Inc. lifted 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 worth $1,159,009,000 after purchasing an additional 372,064 shares during the period. Finally, Midwest Trust Co purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter worth about $47,564,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Trading Up 0.6%

Shares of IWF opened at $476.18 on Monday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $493.00. The firm’s 50-day moving average price is $474.03 and its 200-day moving average price is $459.46. The firm has a market capitalization of $125.00 billion, a price-to-earnings 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.