Elgethun Capital Management Trims Stock Position in iShares Russell 2000 Growth ETF $IWO

Elgethun Capital Management cut its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 12.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,075 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Elgethun Capital Management’s holdings in iShares Russell 2000 Growth ETF were worth $593,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. WPG Advisers LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 1st quarter valued at $25,000. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter worth $27,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter valued at $32,000. Howe & Rusling Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter valued at $36,000. Finally, Dagco Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at $38,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Trading Up 1.0%

Shares of IWO stock opened at $325.72 on Thursday. The company has a market capitalization of $13.08 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. The firm has a 50-day moving average price of $322.60 and a 200 day moving average price of $301.23. iShares Russell 2000 Growth ETF has a twelve month low of $219.19 and a twelve month high of $337.26.

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.