Canandaigua National Bank & Trust Co. Makes New $1.27 Million Investment in iShares Russell 2000 Growth ETF $IWO

Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,219 shares of the exchange traded fund’s stock, valued at approximately $1,268,000.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in iShares Russell 2000 Growth ETF by 2.2% during the second quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after buying an additional 84,573 shares during the period. Morgan Stanley grew its stake in shares of iShares Russell 2000 Growth ETF by 4.9% in the fourth quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock worth $846,084,000 after purchasing an additional 123,413 shares during the last quarter. Barings LLC increased its holdings in iShares Russell 2000 Growth ETF by 2.0% during the 4th quarter. Barings LLC now owns 1,657,750 shares of the exchange traded fund’s stock valued at $540,012,000 after purchasing an additional 33,300 shares during the period. Goldman Sachs Group Inc. raised its position in iShares Russell 2000 Growth ETF by 68.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock valued at $312,035,000 after purchasing an additional 393,686 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in iShares Russell 2000 Growth ETF by 1.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 935,475 shares of the exchange traded fund’s stock worth $293,561,000 after buying an additional 13,806 shares during the period. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Down 0.4%

Shares of IWO stock opened at $386.73 on Thursday. The stock has a fifty day moving average of $381.05 and a 200 day moving average of $355.16. The firm has a market capitalization of $14.93 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52 week low of $288.16 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.