Axiom Investors LLC DE Sells 7,000 Shares of iShares Russell 2000 Growth ETF $IWO

Axiom Investors LLC DE reduced its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,100 shares of the exchange traded fund’s stock after selling 7,000 shares during the quarter. Axiom Investors LLC DE owned 0.12% of iShares Russell 2000 Growth ETF worth $15,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cerity Partners LLC increased its position in iShares Russell 2000 Growth ETF by 6.3% during the fourth quarter. Cerity Partners LLC now owns 67,791 shares of the exchange traded fund’s stock valued at $21,904,000 after acquiring an additional 4,013 shares during the last quarter. LPL Financial LLC increased its position in iShares Russell 2000 Growth ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 572,694 shares of the exchange traded fund’s stock valued at $184,986,000 after acquiring an additional 20,029 shares during the last quarter. Franklin Resources Inc. increased its holdings in iShares Russell 2000 Growth ETF by 0.4% during the fourth quarter. Franklin Resources Inc. now owns 31,709 shares of the exchange traded fund’s stock valued at $10,242,000 after buying an additional 126 shares during the last quarter. Fiera Capital Corp increased its holdings in iShares Russell 2000 Growth ETF by 710.6% during the fourth quarter. Fiera Capital Corp now owns 61,864 shares of the exchange traded fund’s stock valued at $19,983,000 after buying an additional 54,232 shares during the last quarter. Finally, CNB Bank increased its holdings in iShares Russell 2000 Growth ETF by 21.8% during the fourth quarter. CNB Bank now owns 268 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 48 shares during the last quarter. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $370.61 on Wednesday. iShares Russell 2000 Growth ETF has a 1 year low of $272.16 and a 1 year high of $384.50. The firm has a fifty day moving average price of $356.19 and a 200-day moving average price of $340.15. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19.

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.