Cambridge Investment Research Advisors Inc. Has $4.68 Million Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Cambridge Investment Research Advisors Inc. lessened its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 23.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,323 shares of the exchange traded fund’s stock after selling 5,460 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $4,682,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IWO. Raymond James Financial Inc. bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth $159,353,000. Wealthfront Advisers LLC grew its holdings in iShares Russell 2000 Growth ETF by 4,483.2% during the 4th quarter. Wealthfront Advisers LLC now owns 492,787 shares of the exchange traded fund’s stock worth $141,834,000 after acquiring an additional 482,035 shares during the period. FMR LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 134.5% during the 4th quarter. FMR LLC now owns 664,816 shares of the exchange traded fund’s stock worth $191,347,000 after purchasing an additional 381,261 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $79,675,000. Finally, Bank of America Corp DE lifted its position in iShares Russell 2000 Growth ETF by 3.8% in the 4th quarter. Bank of America Corp DE now owns 3,630,750 shares of the exchange traded fund’s stock valued at $1,045,003,000 after acquiring an additional 133,560 shares in the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $285.01 on Friday. The firm has a market cap of $11.51 billion, a price-to-earnings ratio of 20.25 and a beta of 1.15. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $317.62. The firm has a 50-day moving average price of $268.01 and a two-hundred day moving average price of $274.80.

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.