McAdam LLC Lowers Stock Holdings in iShares Russell 2000 Growth ETF $IWO

McAdam LLC lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 34.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,688 shares of the exchange traded fund’s stock after selling 1,961 shares during the quarter. McAdam LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,453,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IWO. Modus Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $26,000. Strive Financial Group LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth about $26,000. Johnson Financial Group Inc. grew its position in shares of 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 in the last quarter. TD Capital Management LLC bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $30,000. Finally, Ascentis Independent Advisors bought a new stake in iShares Russell 2000 Growth ETF during the 1st quarter valued at approximately $32,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Trading Up 0.8%

NYSEARCA IWO opened at $395.65 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $292.31 and a 12 month high of $396.69. The stock has a market cap of $15.27 billion, a PE ratio of 21.86 and a beta of 1.19. The stock’s 50 day moving average is $382.66 and its 200 day moving average is $357.13.

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.