CIBC Bancorp USA Inc. Takes Position in iShares Russell 2000 Growth ETF $IWO

CIBC Bancorp USA Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,807 shares of the exchange traded fund’s stock, valued at approximately $8,579,000. CIBC Bancorp USA Inc. owned about 0.07% of iShares Russell 2000 Growth ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE increased its stake in shares of iShares Russell 2000 Growth ETF by 2.2% in the second quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after buying an additional 84,573 shares during the period. Barings LLC raised its holdings in shares of iShares Russell 2000 Growth ETF by 2.9% during the second quarter. Barings LLC now owns 1,670,950 shares of the exchange traded fund’s stock valued at $476,237,000 after purchasing an additional 47,100 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 2000 Growth ETF by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock worth $341,755,000 after acquiring an additional 15,090 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 2000 Growth ETF by 73.3% during the third quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after acquiring an additional 412,741 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its position in shares of iShares Russell 2000 Growth ETF by 1.1% during the third quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock worth $291,603,000 after purchasing an additional 10,143 shares during the period. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 2.6%

Shares of IWO opened at $309.55 on Friday. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $355.34. The business’s fifty day moving average is $335.38 and its 200 day moving average is $327.84. The stock has a market cap of $12.27 billion, a P/E ratio of 21.86 and a beta of 1.17.

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.