Traders bought shares of iShares Russell 2000 Growth Index (NYSE:IWO) on weakness during trading hours on Tuesday. $120.76 million flowed into the stock on the tick-up and $61.05 million flowed out of the stock on the tick-down, for a money net flow of $59.71 million into the stock. Of all equities tracked, iShares Russell 2000 Growth Index had the 12th highest net in-flow for the day. iShares Russell 2000 Growth Index traded down ($0.74) for the day and closed at $168.29

The firm’s 50 day moving average price is $169.88 and its 200-day moving average price is $163.52.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 12th. Investors of record on Monday, July 10th were paid a $0.3818 dividend. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $1.53 dividend on an annualized basis and a yield of 0.91%. This is a boost from iShares Russell 2000 Growth Index’s previous quarterly dividend of $0.32.

Hedge funds have recently bought and sold shares of the stock. JFS Wealth Advisors LLC boosted its stake in iShares Russell 2000 Growth Index by 24.2% in the second quarter. JFS Wealth Advisors LLC now owns 984 shares of the exchange traded fund’s stock worth $166,000 after buying an additional 192 shares in the last quarter. Welch & Forbes LLC boosted its stake in shares of iShares Russell 2000 Growth Index by 1.0% in the second quarter. Welch & Forbes LLC now owns 12,200 shares of the exchange traded fund’s stock worth $2,058,000 after buying an additional 120 shares during the period. Harbour Capital Advisors LLC boosted its stake in shares of iShares Russell 2000 Growth Index by 16,777.0% in the second quarter. Harbour Capital Advisors LLC now owns 208,431 shares of the exchange traded fund’s stock worth $1,235,000 after buying an additional 207,196 shares during the period. First National Bank Sioux Falls bought a new stake in shares of iShares Russell 2000 Growth Index during the second quarter worth approximately $615,000. Finally, Nwam LLC boosted its stake in shares of iShares Russell 2000 Growth Index by 1.9% in the second quarter. Nwam LLC now owns 7,538 shares of the exchange traded fund’s stock worth $1,272,000 after buying an additional 143 shares during the period.

TRADEMARK VIOLATION NOTICE: “Traders Buy Shares of iShares Russell 2000 Growth Index (NYSE:IWO) on Weakness” was published by Daily Political and is the property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/08/08/traders-buy-shares-of-ishares-russell-2000-growth-index-nyseiwo-on-weakness.html.

About iShares Russell 2000 Growth Index

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.

Receive News & Ratings for iShares Russell 2000 Growth Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Growth Index and related companies with MarketBeat.com's FREE daily email newsletter.