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

Hsbc Holdings PLC raised its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 233.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,757 shares of the exchange traded fund’s stock after buying an additional 20,128 shares during the quarter. Hsbc Holdings PLC owned about 0.07% of iShares Russell 2000 Growth ETF worth $9,289,000 at the end of the most recent reporting period.

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

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA IWO opened at $382.64 on Thursday. iShares Russell 2000 Growth ETF has a 1 year low of $280.35 and a 1 year high of $396.69. The stock has a market capitalization of $14.94 billion, a PE ratio of 21.86 and a beta of 1.18. The company’s 50 day simple moving average is $376.62 and its two-hundred day simple moving average is $349.09.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.