Comerica Bank Increases Position in iShares Russell 2000 Growth ETF $IWO

Comerica Bank boosted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 10.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 77,957 shares of the exchange traded fund’s stock after purchasing an additional 7,156 shares during the quarter. Comerica Bank owned about 0.20% of iShares Russell 2000 Growth ETF worth $25,181,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth about $26,000. Caitlin John LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth about $31,000. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth about $32,000. Ransom Advisory Ltd purchased a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at approximately $32,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 0.1%

NYSEARCA:IWO opened at $357.83 on Tuesday. The company’s 50 day moving average price is $330.76 and its 200-day moving average price is $330.76. iShares Russell 2000 Growth ETF has a 52 week low of $248.24 and a 52 week high of $363.13. The stock has a market cap of $13.67 billion, a price-to-earnings ratio of 21.86 and a beta of 1.16.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.