Mill Creek Capital Advisors LLC Trims Stock Position in iShares Russell 2000 Growth ETF $IWO

Mill Creek Capital Advisors LLC cut its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 22.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,964 shares of the exchange traded fund’s stock after selling 2,655 shares during the period. Mill Creek Capital Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,896,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Modus Advisors LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $26,000. Johnson Financial Group Inc. raised its stake in iShares Russell 2000 Growth ETF by 500.0% during the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 75 shares during the last quarter. Caitlin John LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $31,000. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $32,000. Finally, Ransom Advisory Ltd purchased a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $32,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $380.39 on Monday. The company has a market cap of $14.72 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The stock has a 50 day simple moving average of $360.04 and a 200-day simple moving average of $341.55. iShares Russell 2000 Growth ETF has a 12-month low of $272.16 and a 12-month high of $384.63.

About iShares Russell 2000 Growth ETF

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.