iShares Russell 2000 Growth ETF $IWO Stake Lessened by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE lowered its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 99.7% in the third quarter, Holdings Channel.com reports. The firm owned 1,189 shares of the exchange traded fund’s stock after selling 452,765 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in iShares Russell 2000 Growth ETF were worth $424,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWO. Ascentis Independent Advisors acquired a new position in iShares Russell 2000 Growth ETF in the first quarter valued at $32,000. Arlington Trust Co LLC purchased a new position in iShares Russell 2000 Growth ETF during the second quarter worth about $44,000. SHP Wealth Management acquired a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $59,000. MCF Advisors LLC boosted its stake in iShares Russell 2000 Growth ETF by 45.3% in the 2nd quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock worth $78,000 after buying an additional 62 shares during the last quarter. Finally, Community Financial Services Group LLC acquired a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $80,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $342.42 on Tuesday. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 21.86 and a beta of 1.21. The business has a 50-day moving average of $369.10 and a two-hundred day moving average of $369.53. iShares Russell 2000 Growth ETF has a 12 month low of $299.64 and a 12 month high of $396.69.

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