iShares Russell 2000 Growth ETF $IWO Position Raised by Barings LLC

Barings LLC grew its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,670,950 shares of the exchange traded fund’s stock after acquiring an additional 47,100 shares during the period. iShares Russell 2000 Growth ETF makes up approximately 11.1% of Barings LLC’s portfolio, making the stock its 3rd largest holding. Barings LLC’s holdings in iShares Russell 2000 Growth ETF were worth $476,237,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. IFP Advisors Inc increased its position in iShares Russell 2000 Growth ETF by 5.9% during the 1st quarter. IFP Advisors Inc now owns 802 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 45 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the first quarter worth $260,000. Equitable Trust Co. increased its holdings in shares of iShares Russell 2000 Growth ETF by 25.0% during the first quarter. Equitable Trust Co. now owns 4,769 shares of the exchange traded fund’s stock valued at $1,219,000 after acquiring an additional 953 shares in the last quarter. Brown Wealth Management LLC raised its position in shares of iShares Russell 2000 Growth ETF by 17.3% in the 1st quarter. Brown Wealth Management LLC now owns 2,725 shares of the exchange traded fund’s stock worth $696,000 after purchasing an additional 402 shares during the last quarter. Finally, Allium Financial Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 1st quarter worth about $1,124,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $308.52 on Friday. The company has a market capitalization of $12.39 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. 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 moving average is $322.18 and its 200 day moving average is $299.95.

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.