Bank of America Corp DE Trims Position in iShares Russell 2000 Growth ETF $IWO

Bank of America Corp DE decreased its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,754,768 shares of the exchange traded fund’s stock after selling 178,880 shares during the quarter. Bank of America Corp DE owned about 9.35% of iShares Russell 2000 Growth ETF worth $1,201,676,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWO. Barings LLC lifted its position in 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 worth $476,237,000 after buying an additional 47,100 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares Russell 2000 Growth ETF by 1.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock valued at $341,755,000 after buying an additional 15,090 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares Russell 2000 Growth ETF by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after buying an additional 412,741 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 1.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock valued at $291,603,000 after acquiring an additional 10,143 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 2000 Growth ETF by 2.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock valued at $198,900,000 after acquiring an additional 14,460 shares during the last quarter. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $318.71 on Tuesday. The firm’s 50-day simple moving average is $337.21 and its 200-day simple moving average is $327.89. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $355.34. The firm has a market cap of $12.64 billion, a P/E ratio of 21.86 and a beta of 1.17.

iShares Russell 2000 Growth ETF 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.