iShares Russell 2000 Growth ETF $IWO Position Lowered by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV cut its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,756 shares of the exchange traded fund’s stock after selling 1,616 shares during the period. iShares Russell 2000 Growth ETF comprises approximately 5.4% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 6th largest position. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares Russell 2000 Growth ETF were worth $23,468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IWO. Optiver Holding B.V. raised its holdings in shares of iShares Russell 2000 Growth ETF by 100.1% during the first quarter. Optiver Holding B.V. now owns 16,503 shares of the exchange traded fund’s stock worth $5,179,000 after acquiring an additional 22,775,700 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of iShares Russell 2000 Growth ETF by 154.2% during the 1st quarter. Fifth Third Bancorp now owns 125,396 shares of the exchange traded fund’s stock worth $39,350,000 after purchasing an additional 76,065 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of iShares Russell 2000 Growth ETF by 20.2% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 410,500 shares of the exchange traded fund’s stock valued at $128,819,000 after buying an additional 69,000 shares during the last quarter. Pacific Life Fund Advisors LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 42.0% during the 1st quarter. Pacific Life Fund Advisors LLC now owns 202,351 shares of the exchange traded fund’s stock valued at $63,500,000 after buying an additional 59,883 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares Russell 2000 Growth ETF in the third quarter worth approximately $20,557,000. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of iShares Russell 2000 Growth ETF stock traded up $6.91 during midday trading on Friday, reaching $343.86. 496,971 shares of the company’s stock traded hands, compared to its average volume of 476,584. The company has a market cap of $13.60 billion, a price-to-earnings ratio of 22.48 and a beta of 1.23. The company’s 50 day simple moving average is $358.46 and its 200 day simple moving average is $358.63. iShares Russell 2000 Growth ETF has a 52 week low of $299.64 and a 52 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.