KCM Investment Advisors LLC Sells 641 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

KCM Investment Advisors LLC reduced its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 11.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,775 shares of the exchange traded fund’s stock after selling 641 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,918,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of IWF. Raymond James Financial Inc. bought a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $1,367,267,000. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock valued at $263,814,000 after acquiring an additional 655,457 shares during the last quarter. Wellington Management Group LLP boosted its holdings in iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after acquiring an additional 532,085 shares during the period. Prudential Financial Inc. grew its position in iShares Russell 1000 Growth ETF by 100.9% during the 4th quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock worth $333,791,000 after acquiring an additional 417,507 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in iShares Russell 1000 Growth ETF by 9.8% in the 4th quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock worth $1,812,823,000 after purchasing an additional 402,405 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock opened at $325.67 on Friday. iShares Russell 1000 Growth ETF has a 52-week low of $315.24 and a 52-week high of $419.53. The company’s 50 day moving average price is $388.12 and its 200-day moving average price is $392.03. The stock has a market capitalization of $86.43 billion, a price-to-earnings ratio of 31.13 and a beta of 1.15.

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.