ICONIQ Capital LLC Cuts Holdings in iShares Russell 1000 Growth ETF $IWF

ICONIQ Capital LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,836 shares of the exchange traded fund’s stock after selling 1,621 shares during the quarter. ICONIQ Capital LLC’s holdings in iShares Russell 1000 Growth ETF were worth $7,573,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC boosted its position in 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 worth $7,579,274,000 after purchasing an additional 17,848,756 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Russell 1000 Growth ETF by 0.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,688,217 shares of the exchange traded fund’s stock valued at $3,498,319,000 after buying an additional 68,243 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 1000 Growth ETF by 6.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock valued at $3,063,916,000 after buying an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of 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 valued at $2,244,071,000 after buying an additional 70,645 shares in the last quarter. Finally, Northern Trust Corp grew its stake in iShares Russell 1000 Growth ETF by 4.3% in the 1st quarter. Northern Trust Corp now owns 5,109,809 shares of the exchange traded fund’s stock valued at $1,845,101,000 after acquiring an additional 208,598 shares during the period. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

NYSEARCA:IWF opened at $471.36 on Friday. The stock has a market capitalization of $122.39 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a fifty-two week low of $308.67 and a fifty-two week high of $493.00. The company has a fifty day moving average of $473.98 and a two-hundred day moving average of $449.23.

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.