Royal Bank of Canada Grows Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Royal Bank of Canada boosted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.5% in the first quarter, Holdings Channel reports. The institutional investor owned 377,626 shares of the exchange traded fund’s stock after acquiring an additional 16,329 shares during the quarter. Royal Bank of Canada’s holdings in iShares Russell 2000 Growth ETF were worth $96,494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Bearing Point Capital LLC grew its stake in iShares Russell 2000 Growth ETF by 2.2% in the 1st quarter. Bearing Point Capital LLC now owns 1,876 shares of the exchange traded fund’s stock valued at $479,000 after buying an additional 40 shares in the last quarter. Intrepid Financial Planning Group LLC grew its stake in iShares Russell 2000 Growth ETF by 1.1% in the 1st quarter. Intrepid Financial Planning Group LLC now owns 3,849 shares of the exchange traded fund’s stock valued at $984,000 after buying an additional 41 shares in the last quarter. IFP Advisors Inc grew its stake in iShares Russell 2000 Growth ETF by 5.9% in the 1st quarter. IFP Advisors Inc now owns 802 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 45 shares in the last quarter. Sound View Wealth Advisors Group LLC grew its stake in iShares Russell 2000 Growth ETF by 2.0% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 2,422 shares of the exchange traded fund’s stock valued at $619,000 after buying an additional 48 shares in the last quarter. Finally, Mather Group LLC. grew its stake in iShares Russell 2000 Growth ETF by 0.9% in the 1st quarter. Mather Group LLC. now owns 5,280 shares of the exchange traded fund’s stock valued at $1,349,000 after buying an additional 49 shares in the last quarter. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Down 0.1%

iShares Russell 2000 Growth ETF stock opened at $305.54 on Thursday. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $317.62. The firm has a market capitalization of $12.33 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15. The firm has a 50 day simple moving average of $294.97 and a 200 day simple moving average of $274.78.

iShares Russell 2000 Growth ETF Company Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.