Stephens Group Asset Management LLC Reduces Holdings in iShares Russell 2000 Growth ETF $IWO

Stephens Group Asset Management LLC lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 18.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,038 shares of the exchange traded fund’s stock after selling 13,577 shares during the quarter. iShares Russell 2000 Growth ETF makes up about 1.2% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 16th largest holding. Stephens Group Asset Management LLC owned 0.15% of iShares Russell 2000 Growth ETF worth $21,784,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWO. Diversified Management Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 1.8% in the 3rd quarter. Diversified Management Inc. now owns 2,829 shares of the exchange traded fund’s stock valued at $1,010,000 after purchasing an additional 51 shares during the period. Farther Finance Advisors LLC lifted its stake in iShares Russell 2000 Growth ETF by 6.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 22,926 shares of the exchange traded fund’s stock valued at $8,182,000 after purchasing an additional 1,479 shares during the last quarter. Apella Capital LLC grew its holdings in iShares Russell 2000 Growth ETF by 110.7% during the third quarter. Apella Capital LLC now owns 3,512 shares of the exchange traded fund’s stock worth $1,248,000 after purchasing an additional 1,845 shares during the period. Valeo Financial Advisors LLC grew its holdings in iShares Russell 2000 Growth ETF by 4.0% during the third quarter. Valeo Financial Advisors LLC now owns 5,342 shares of the exchange traded fund’s stock worth $1,907,000 after purchasing an additional 206 shares during the period. Finally, Echo45 Advisors LLC grew its holdings in iShares Russell 2000 Growth ETF by 1.3% during the third quarter. Echo45 Advisors LLC now owns 11,353 shares of the exchange traded fund’s stock worth $4,052,000 after purchasing an additional 143 shares during the period. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA IWO traded up $3.23 during trading on Friday, reaching $356.70. 72,120 shares of the company’s stock were exchanged, compared to its average volume of 472,370. The business has a 50 day moving average price of $374.17 and a 200-day moving average price of $367.82. The stock has a market capitalization of $14.13 billion, a P/E ratio of 21.86 and a beta of 1.21. iShares Russell 2000 Growth ETF has a fifty-two week low of $299.64 and a fifty-two week high of $396.69.

iShares Russell 2000 Growth ETF Company 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.