Cahill Financial Advisors Inc. Invests $774,000 in iShares Russell 1000 Growth ETF $IWF

Cahill Financial Advisors Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,233 shares of the exchange traded fund’s stock, valued at approximately $774,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Roxbury Financial LLC raised its holdings in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 162 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the first quarter valued at about $28,000. Richards Merrill & Peterson Inc. lifted its position in shares of iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 30 shares during the last quarter. Byrne Asset Management LLC boosted its holdings in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 177 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 4th quarter valued at about $35,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.5%

Shares of iShares Russell 1000 Growth ETF stock opened at $122.46 on Thursday. The company has a market cap of $125.47 billion, a P/E ratio of 33.43 and a beta of 1.17. The firm’s 50 day moving average price is $121.88 and its 200-day moving average price is $119.00. iShares Russell 1000 Growth ETF has a 52-week low of $102.23 and a 52-week high of $129.14.

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.