Bank of New York Mellon Corp Lowers Position in iShares Russell 2000 Growth ETF $IWO

Bank of New York Mellon Corp trimmed its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.4% in the first quarter, Holdings Channel reports. The firm owned 206,852 shares of the exchange traded fund’s stock after selling 11,791 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell 2000 Growth ETF were worth $64,912,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its position in iShares Russell 2000 Growth ETF by 1.7% in the first quarter. Geneos Wealth Management Inc. now owns 9,297 shares of the exchange traded fund’s stock valued at $2,918,000 after buying an additional 154 shares during the last quarter. Ethos Financial Group LLC increased its position in shares of iShares Russell 2000 Growth ETF by 23.2% during the first quarter. Ethos Financial Group LLC now owns 1,287 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 242 shares during the last quarter. Luts & Greenleigh Group Inc. increased its position in shares of iShares Russell 2000 Growth ETF by 0.6% during the first quarter. Luts & Greenleigh Group Inc. now owns 6,923 shares of the exchange traded fund’s stock valued at $2,172,000 after acquiring an additional 41 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of iShares Russell 2000 Growth ETF by 0.7% in the 1st quarter. Sanctuary Advisors LLC now owns 28,633 shares of the exchange traded fund’s stock valued at $8,985,000 after acquiring an additional 210 shares during the period. Finally, Fell Capital Management ADV raised its stake in shares of iShares Russell 2000 Growth ETF by 8.9% in the 1st quarter. Fell Capital Management ADV now owns 14,104 shares of the exchange traded fund’s stock valued at $4,426,000 after acquiring an additional 1,149 shares during the period. 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 stock opened at $376.18 on Thursday. The firm’s 50 day moving average price is $379.65 and its 200-day moving average price is $352.68. iShares Russell 2000 Growth ETF has a one year low of $280.35 and a one year high of $396.69. The firm has a market cap of $14.69 billion, a P/E ratio of 21.86 and a beta of 1.18.

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.