iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Sold by Ledyard National Bank

Ledyard National Bank cut its stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,426 shares of the exchange traded fund’s stock after selling 130 shares during the period. Ledyard National Bank’s holdings in iShares Russell 1000 Growth ETF were worth $432,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IWF. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the third quarter valued at $27,000. Cranbrook Wealth Management LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at $30,000. Planned Solutions Inc. bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at $34,000. Sound Income Strategies LLC increased its stake in iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 139 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new stake in iShares Russell 1000 Growth ETF during the fourth quarter valued at $57,000.

iShares Russell 1000 Growth ETF Stock Performance

Shares of iShares Russell 1000 Growth ETF stock traded down $1.84 during trading on Tuesday, hitting $326.59. 226,809 shares of the stock were exchanged, compared to its average volume of 1,386,465. The stock’s fifty day moving average is $331.20 and its 200 day moving average is $308.56. The stock has a market cap of $86.53 billion, a PE ratio of 36.72 and a beta of 1.20. iShares Russell 1000 Growth ETF has a 12 month low of $241.41 and a 12 month high of $340.83.

iShares Russell 1000 Growth ETF 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.