Sei Investments Co. Lowers Stock Position in iShares Russell 2000 Growth ETF $IWO

Sei Investments Co. trimmed its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,044 shares of the exchange traded fund’s stock after selling 4,592 shares during the quarter. Sei Investments Co. owned 0.43% of iShares Russell 2000 Growth ETF worth $52,106,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Strive Financial Group LLC bought a new position in iShares Russell 2000 Growth ETF in the 4th quarter worth about $26,000. Modus Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at $26,000. Johnson Financial Group Inc. lifted its stake in iShares Russell 2000 Growth ETF by 500.0% during the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 75 shares during the last quarter. TD Capital Management LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $30,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at $32,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $370.23 on Friday. iShares Russell 2000 Growth ETF has a 1 year low of $280.35 and a 1 year high of $396.69. The stock’s 50 day simple moving average is $379.84 and its 200 day simple moving average is $353.13. The firm has a market cap of $14.31 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18.

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.