US Bancorp DE Buys 95,816 Shares of iShares Russell 2000 Growth ETF $IWO

US Bancorp DE grew its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 58.9% during the third quarter, Holdings Channel reports. The firm owned 258,453 shares of the exchange traded fund’s stock after purchasing an additional 95,816 shares during the period. US Bancorp DE’s holdings in iShares Russell 2000 Growth ETF were worth $82,715,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter valued at $26,000. Howe & Rusling Inc. purchased a new position in iShares Russell 2000 Growth ETF during the 2nd quarter worth $36,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth $37,000. Finally, CoreCap Advisors LLC raised its holdings in shares of iShares Russell 2000 Growth ETF by 594.1% in the third quarter. CoreCap Advisors LLC now owns 118 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $340.66 on Friday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34. The firm has a market capitalization of $13.51 billion, a P/E ratio of 21.86 and a beta of 1.17. The company’s 50-day moving average is $338.00 and its 200 day moving average is $325.47.

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.