Hsbc Holdings PLC Increases Holdings in iShares Russell 2000 Growth ETF $IWO

Hsbc Holdings PLC lifted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 35.5% during the first quarter, HoldingsChannel reports. The firm owned 38,952 shares of the exchange traded fund’s stock after purchasing an additional 10,195 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Growth ETF were worth $12,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWO. First Horizon Corp grew its position in iShares Russell 2000 Growth ETF by 15.4% during the first quarter. First Horizon Corp now owns 61,150 shares of the exchange traded fund’s stock valued at $19,189,000 after buying an additional 8,145 shares during the period. Kestra Advisory Services LLC raised its position in iShares Russell 2000 Growth ETF by 1.4% in the first quarter. Kestra Advisory Services LLC now owns 61,280 shares of the exchange traded fund’s stock worth $19,230,000 after acquiring an additional 873 shares during the period. Quantum Portfolio Management LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 1.8% during the 1st quarter. Quantum Portfolio Management LLC now owns 11,687 shares of the exchange traded fund’s stock worth $3,667,000 after purchasing an additional 212 shares during the last quarter. Clearwave Capital LLC raised its holdings in shares of iShares Russell 2000 Growth ETF by 5.1% in the 1st quarter. Clearwave Capital LLC now owns 727 shares of the exchange traded fund’s stock worth $228,000 after purchasing an additional 35 shares during the period. Finally, Clare Market Investments LLC purchased a new position in iShares Russell 2000 Growth ETF in the first quarter valued at approximately $391,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Down 1.4%

Shares of NYSEARCA IWO opened at $376.18 on Thursday. The stock has a fifty day simple moving average of $379.65 and a two-hundred day simple moving average of $352.68. iShares Russell 2000 Growth ETF has a 1-year low of $280.35 and a 1-year high of $396.69. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18.

iShares Russell 2000 Growth ETF 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.