Wealth Enhancement Advisory Services LLC Lowers Stake in iShares Russell 2000 Growth ETF $IWO

Wealth Enhancement Advisory Services LLC cut its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 176,147 shares of the exchange traded fund’s stock after selling 5,833 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Russell 2000 Growth ETF were worth $57,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of IWO. First Command Advisory Services Inc. purchased a new stake in iShares Russell 2000 Growth ETF in the 2nd quarter worth $27,000. Harbor Asset Planning Inc. bought a new position in shares of iShares Russell 2000 Growth ETF in the second quarter worth about $32,000. Howe & Rusling Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth about $36,000. Ashton Thomas Securities LLC bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $36,000. Finally, Retirement Wealth Solutions LLC purchased a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

IWO traded down $4.43 during trading on Tuesday, reaching $345.03. 37,323 shares of the company traded hands, compared to its average volume of 734,020. The company has a market cap of $14.04 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $351.77. The firm has a fifty day simple moving average of $328.39 and a 200 day simple moving average of $316.45.

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.