Cannon Financial Strategists Inc. Takes $2.51 Million Position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Cannon Financial Strategists Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,894 shares of the exchange traded fund’s stock, valued at approximately $2,513,000. iShares Russell 1000 Growth ETF accounts for approximately 0.5% of Cannon Financial Strategists Inc.’s holdings, making the stock its 21st largest holding.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Growth ETF by 0.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,847,670 shares of the exchange traded fund’s stock valued at $2,645,057,000 after buying an additional 66,923 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after buying an additional 341,407 shares during the period. Northern Trust Corp boosted its position in iShares Russell 1000 Growth ETF by 3.9% during the 4th quarter. Northern Trust Corp now owns 4,202,517 shares of the exchange traded fund’s stock valued at $1,274,077,000 after buying an additional 156,995 shares during the period. LPL Financial LLC boosted its position in iShares Russell 1000 Growth ETF by 2.1% during the 2nd quarter. LPL Financial LLC now owns 2,924,993 shares of the exchange traded fund’s stock valued at $1,066,189,000 after buying an additional 60,668 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in iShares Russell 1000 Growth ETF by 4.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,216,427 shares of the exchange traded fund’s stock valued at $807,910,000 after buying an additional 84,663 shares during the period.

iShares Russell 1000 Growth ETF Stock Down 1.4 %

Shares of IWF opened at $370.24 on Wednesday. iShares Russell 1000 Growth ETF has a twelve month low of $256.01 and a twelve month high of $382.82. The stock has a market capitalization of $97.95 billion, a P/E ratio of 35.64 and a beta of 1.20. The firm has a fifty day simple moving average of $359.59 and a two-hundred day simple moving average of $351.55.

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.