iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Sees Strong Trading Volume

Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) saw unusually-high trading volume on Friday . Approximately 1,307,528 shares were traded during trading, an increase of 125% from the previous session’s volume of 579,961 shares.The stock last traded at $243.84 and had previously closed at $246.94.

iShares Russell 2000 Growth ETF Trading Down 0.7 %

The stock has a market capitalization of $10.54 billion, a P/E ratio of 16.55 and a beta of 1.27. The business has a 50-day moving average price of $261.79 and a 200 day moving average price of $242.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Blair William & Co. IL lifted its position in iShares Russell 2000 Growth ETF by 2.6% in the first quarter. Blair William & Co. IL now owns 33,931 shares of the exchange traded fund’s stock worth $8,678,000 after buying an additional 871 shares during the last quarter. Cetera Investment Advisers lifted its position in iShares Russell 2000 Growth ETF by 1.0% in the first quarter. Cetera Investment Advisers now owns 14,286 shares of the exchange traded fund’s stock worth $3,654,000 after buying an additional 137 shares during the last quarter. Moors & Cabot Inc. lifted its position in iShares Russell 2000 Growth ETF by 13.8% in the first quarter. Moors & Cabot Inc. now owns 1,321 shares of the exchange traded fund’s stock worth $338,000 after buying an additional 160 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in iShares Russell 2000 Growth ETF by 22.5% in the first quarter. Sequoia Financial Advisors LLC now owns 1,581 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 290 shares during the last quarter. Finally, First Western Trust Bank bought a new stake in iShares Russell 2000 Growth ETF in the first quarter worth $1,253,000.

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.