NewEdge Advisors LLC Sells 4,064 Shares of iShares Russell 2000 Growth ETF $IWO

NewEdge Advisors LLC lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 13.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,755 shares of the exchange traded fund’s stock after selling 4,064 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $8,082,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IWO. AQR Capital Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 20.0% during the 1st quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after purchasing an additional 1,918 shares during the last quarter. Rhumbline Advisers grew its stake in iShares Russell 2000 Growth ETF by 358.6% during the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 581 shares during the last quarter. State Street Corp acquired a new position in iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $84,862,000. Sei Investments Co. increased its position in iShares Russell 2000 Growth ETF by 8.7% during the 2nd quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock valued at $52,093,000 after buying an additional 14,563 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in iShares Russell 2000 Growth ETF in the second quarter valued at about $62,237,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $390.16 on Monday. The company has a market cap of $15.06 billion, a PE ratio of 21.86 and a beta of 1.19. The business has a 50-day simple moving average of $381.26 and a two-hundred day simple moving average of $355.69. iShares Russell 2000 Growth ETF has a fifty-two week low of $290.77 and a fifty-two 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.