Envestnet Asset Management Inc. Sells 28,330 Shares of iShares Russell 2000 Growth ETF $IWO

Envestnet Asset Management Inc. trimmed its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,052,762 shares of the exchange traded fund’s stock after selling 28,330 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.59% of iShares Russell 2000 Growth ETF worth $300,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in iShares Russell 2000 Growth ETF during the first quarter worth about $25,000. Harbor Asset Planning Inc. bought a new stake in iShares Russell 2000 Growth ETF during the second quarter worth about $32,000. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $34,000. Dagco Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $38,000. Finally, Wealth Preservation Advisors LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $55,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $331.66 on Monday. iShares Russell 2000 Growth ETF has a one year low of $219.19 and a one year high of $337.26. The company’s 50 day simple moving average is $316.93 and its 200-day simple moving average is $289.81. The stock has a market capitalization of $13.38 billion, a P/E ratio of 21.86 and a beta of 1.15.

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.