JPMorgan Chase & Co. Increases Stake in iShares Russell 2000 Growth ETF $IWO

JPMorgan Chase & Co. lifted its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 73.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 975,628 shares of the exchange traded fund’s stock after acquiring an additional 412,741 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Russell 2000 Growth ETF were worth $312,240,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in iShares Russell 2000 Growth ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock worth $1,124,473,000 after purchasing an additional 84,573 shares during the period. Barings LLC increased its stake in iShares Russell 2000 Growth ETF by 2.9% in the second quarter. Barings LLC now owns 1,670,950 shares of the exchange traded fund’s stock worth $476,237,000 after purchasing an additional 47,100 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares Russell 2000 Growth ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock worth $341,755,000 after purchasing an additional 15,090 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 1.4% during the second quarter. Cassaday & Co Wealth Management LLC now owns 901,004 shares of the exchange traded fund’s stock valued at $257,561,000 after purchasing an additional 12,754 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 2000 Growth ETF by 2.4% in the third quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock worth $198,900,000 after purchasing an additional 14,460 shares during the last quarter. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

IWO stock opened at $338.21 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $355.34. The firm’s 50-day moving average is $336.97 and its 200 day moving average is $323.89. The company has a market capitalization of $13.41 billion, a PE ratio of 21.86 and a beta of 1.17.

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.