EMC Capital Management Takes Position in iShares Russell 2000 Growth ETF $IWO

EMC Capital Management bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the second quarter, Holdings Channel reports. The institutional investor bought 13,732 shares of the exchange traded fund’s stock, valued at approximately $5,410,000. iShares Russell 2000 Growth ETF makes up about 2.1% of EMC Capital Management’s holdings, making the stock its 9th biggest position.

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

iShares Russell 2000 Growth ETF Trading Up 1.0%

Shares of NYSEARCA:IWO opened at $375.11 on Thursday. The stock has a market capitalization of $14.48 billion, a P/E ratio of 21.86 and a beta of 1.19. The stock’s 50-day moving average price is $383.19 and its 200-day moving average price is $361.34. iShares Russell 2000 Growth ETF has a 12-month low of $299.64 and a 12-month high of $396.69.

About iShares Russell 2000 Growth ETF

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.