Foundations Investment Advisors LLC Has $466,000 Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Foundations Investment Advisors LLC lowered its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 91.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,823 shares of the exchange traded fund’s stock after selling 19,133 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $466,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IWO. FMR LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 134.5% during the 4th quarter. FMR LLC now owns 664,816 shares of the exchange traded fund’s stock worth $191,347,000 after buying an additional 381,261 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $79,675,000. Bank of America Corp DE grew its stake in iShares Russell 2000 Growth ETF by 3.8% in the 4th quarter. Bank of America Corp DE now owns 3,630,750 shares of the exchange traded fund’s stock valued at $1,045,003,000 after buying an additional 133,560 shares during the last quarter. Focus Partners Wealth grew its stake in iShares Russell 2000 Growth ETF by 985.6% in the 4th quarter. Focus Partners Wealth now owns 127,655 shares of the exchange traded fund’s stock valued at $36,742,000 after buying an additional 115,896 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in iShares Russell 2000 Growth ETF by 164.5% in the 4th quarter. Wellington Management Group LLP now owns 181,819 shares of the exchange traded fund’s stock valued at $52,331,000 after buying an additional 113,084 shares during the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $290.15 on Friday. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $317.62. The firm has a market cap of $11.78 billion, a P/E ratio of 21.86 and a beta of 1.15. The firm’s 50-day simple moving average is $283.64 and its 200 day simple moving average is $274.25.

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.