Kennebec Savings Bank Cuts Stock Holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Kennebec Savings Bank lessened its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 13.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 427 shares of the exchange traded fund’s stock after selling 64 shares during the quarter. Kennebec Savings Bank’s holdings in iShares Russell 1000 Growth ETF were worth $169,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Signature Resources Capital Management LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter valued at approximately $28,000. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at $27,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth $31,000. Capital Performance Advisors LLP purchased a new position in iShares Russell 1000 Growth ETF during the 3rd quarter worth $51,000. Finally, Sawyer & Company Inc acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $53,000.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $410.73 on Friday. The stock has a market cap of $108.66 billion, a PE ratio of 35.64 and a beta of 1.20. The stock has a 50-day moving average of $406.52 and a two-hundred day moving average of $382.61. iShares Russell 1000 Growth ETF has a one year low of $310.51 and a one year high of $419.53.

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.