Shine Investment Advisory Services Inc. lowered its position in iShares Russell 2000 Growth Index (NYSE:IWO) by 6.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 6,294 shares of the exchange traded fund’s stock after selling 422 shares during the period. Shine Investment Advisory Services Inc.’s holdings in iShares Russell 2000 Growth Index were worth $1,062,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IWO. Sageworth Trust Co boosted its stake in shares of iShares Russell 2000 Growth Index by 11.5% in the second quarter. Sageworth Trust Co now owns 2,270 shares of the exchange traded fund’s stock worth $383,000 after buying an additional 235 shares during the last quarter. Investment Partners Ltd. OH ADV boosted its stake in shares of iShares Russell 2000 Growth Index by 3.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 9,857 shares of the exchange traded fund’s stock worth $1,664,000 after buying an additional 316 shares during the last quarter. Mutual of Omaha Bank Wealth Management acquired a new stake in shares of iShares Russell 2000 Growth Index during the second quarter worth $321,000. Moody Lynn & Lieberson LLC boosted its stake in shares of iShares Russell 2000 Growth Index by 272.3% in the second quarter. Moody Lynn & Lieberson LLC now owns 13,274 shares of the exchange traded fund’s stock worth $2,240,000 after buying an additional 9,709 shares during the last quarter. Finally, FineMark National Bank & Trust boosted its stake in shares of iShares Russell 2000 Growth Index by 0.5% in the second quarter. FineMark National Bank & Trust now owns 8,994 shares of the exchange traded fund’s stock worth $1,518,000 after buying an additional 48 shares during the last quarter.

Shares of iShares Russell 2000 Growth Index (NYSE:IWO) opened at 168.29 on Wednesday. The company’s 50-day moving average is $169.88 and its 200-day moving average is $163.52. iShares Russell 2000 Growth Index has a one year low of $135.01 and a one year high of $173.93.

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

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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.

Institutional Ownership by Quarter for iShares Russell 2000 Growth Index (NYSE:IWO)

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