Hsbc Holdings PLC Acquires 20,128 Shares of iShares Russell 2000 Growth ETF $IWO

Hsbc Holdings PLC lifted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 233.3% in the 4th quarter, Holdings Channel reports. The firm owned 28,757 shares of the exchange traded fund’s stock after acquiring an additional 20,128 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Growth ETF were worth $9,289,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Strive Financial Group LLC purchased a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at approximately $26,000. Modus Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $26,000. Johnson Financial Group Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF by 500.0% in the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 75 shares during the last quarter. TD Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth $30,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at $32,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO opened at $382.64 on Thursday. iShares Russell 2000 Growth ETF has a 52-week low of $280.35 and a 52-week high of $396.69. The firm has a fifty day moving average of $376.62 and a 200 day moving average of $349.09. The firm has a market capitalization of $14.94 billion, a PE ratio of 21.86 and a beta of 1.18.

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.