DAVENPORT & Co LLC Acquires New Holdings in iShares Russell 2000 Growth ETF $IWO

DAVENPORT & Co LLC bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,288 shares of the exchange traded fund’s stock, valued at approximately $368,000.

Other hedge funds have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its position in iShares Russell 2000 Growth ETF by 6.3% during the first quarter. Concurrent Investment Advisors LLC now owns 1,206 shares of the exchange traded fund’s stock valued at $308,000 after purchasing an additional 71 shares during the last quarter. Parallel Advisors LLC raised its position in shares of iShares Russell 2000 Growth ETF by 22.7% during the 2nd quarter. Parallel Advisors LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $654,000 after buying an additional 424 shares in the last quarter. Barings LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 5.2% during the 1st quarter. Barings LLC now owns 1,623,850 shares of the exchange traded fund’s stock worth $418,304,000 after acquiring an additional 79,800 shares during the last quarter. US Bancorp DE lifted its holdings in shares of iShares Russell 2000 Growth ETF by 0.7% during the 1st quarter. US Bancorp DE now owns 278,904 shares of the exchange traded fund’s stock worth $71,268,000 after acquiring an additional 1,918 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in iShares Russell 2000 Growth ETF by 42.3% in the second quarter. GAMMA Investing LLC now owns 222 shares of the exchange traded fund’s stock worth $63,000 after acquiring an additional 66 shares in the last quarter. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Down 2.9%

Shares of IWO stock opened at $317.33 on Monday. The business has a 50-day moving average price of $310.33 and a two-hundred day moving average price of $283.83. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $329.27. The firm has a market cap of $12.71 billion, a P/E ratio of 21.86 and a beta of 1.15.

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.