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

NBW Capital LLC lessened its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 21,882 shares of the exchange traded fund’s stock after selling 443 shares during the period. iShares Russell 2000 Growth ETF makes up 1.3% of NBW Capital LLC’s portfolio, making the stock its 28th largest position. NBW Capital LLC’s holdings in iShares Russell 2000 Growth ETF were worth $6,255,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $432,000. Lodestar Private Asset Management LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth $214,000. Wealth Architects LLC purchased a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $208,000. Sax Wealth Advisors LLC increased its stake in iShares Russell 2000 Growth ETF by 3.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 1,326 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 47 shares during the period. Finally, Advisors Capital Management LLC acquired a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $232,000. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $322.28 on Tuesday. iShares Russell 2000 Growth ETF has a one year low of $219.19 and a one year high of $337.26. The company has a market cap of $12.94 billion, a P/E ratio of 21.86 and a beta of 1.17. The firm has a fifty day moving average of $322.69 and a two-hundred day moving average of $302.56.

About iShares Russell 2000 Growth ETF

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.