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

Bank of New York Mellon Corp decreased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 owned approximately 0.53% of iShares Russell 2000 Growth ETF worth $64,912,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Quent Long Short Global Small Cap Fund LP acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth $9,924,000. Curated Wealth Partners LLC acquired a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth about $6,727,000. Dakota Wealth Management increased its position in iShares Russell 2000 Growth ETF by 34.3% during the fourth quarter. Dakota Wealth Management now owns 8,043 shares of the exchange traded fund’s stock worth $2,598,000 after purchasing an additional 2,054 shares during the last quarter. AE Wealth Management LLC raised its stake in iShares Russell 2000 Growth ETF by 24.2% during the fourth quarter. AE Wealth Management LLC now owns 266,445 shares of the exchange traded fund’s stock worth $86,065,000 after purchasing an additional 51,934 shares during the period. Finally, One Wealth Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth about $696,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $376.18 on Thursday. The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18. The company’s 50-day moving average is $379.65 and its two-hundred day moving average is $352.68. iShares Russell 2000 Growth ETF has a 1-year low of $280.35 and a 1-year high of $396.69.

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.