Fifth Third Bancorp Boosts Stock Position in iShares Russell 2000 Growth ETF $IWO

Fifth Third Bancorp boosted its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 154.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 125,396 shares of the exchange traded fund’s stock after acquiring an additional 76,065 shares during the quarter. Fifth Third Bancorp owned about 0.32% of iShares Russell 2000 Growth ETF worth $39,350,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $384.68 on Monday. The stock has a market capitalization of $15.10 billion, a P/E ratio of 21.86 and a beta of 1.18. iShares Russell 2000 Growth ETF has a 1 year low of $280.35 and a 1 year high of $396.69. The company’s fifty day moving average is $378.03 and its two-hundred day moving average is $349.86.

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