iShares Russell 2000 Growth ETF $IWO Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,969 shares of the exchange traded fund’s stock after selling 318 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,564,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. WPG Advisers LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the first quarter worth about $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth about $32,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter worth about $34,000. Dagco Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter worth about $38,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter worth about $55,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 0.3%

IWO stock opened at $330.87 on Thursday. The stock has a market capitalization of $13.35 billion, a P/E ratio of 21.86 and a beta of 1.17. The firm has a 50-day simple moving average of $319.00 and a 200-day simple moving average of $291.74. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $337.26.

iShares Russell 2000 Growth ETF 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.