Prime Capital Investment Advisors LLC Decreases Holdings in iShares Russell 2000 Growth ETF $IWO

Prime Capital Investment Advisors LLC reduced its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 15.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,064 shares of the exchange traded fund’s stock after selling 374 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $590,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWO. Rhumbline Advisers boosted its position in iShares Russell 2000 Growth ETF by 358.6% in the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 581 shares during the last quarter. Integrated Advisors Network LLC boosted its position in iShares Russell 2000 Growth ETF by 4.8% in the 1st quarter. Integrated Advisors Network LLC now owns 4,260 shares of the exchange traded fund’s stock valued at $1,089,000 after buying an additional 196 shares during the last quarter. Sapient Capital LLC purchased a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at about $290,000. Legacy Trust boosted its position in iShares Russell 2000 Growth ETF by 4.7% in the 1st quarter. Legacy Trust now owns 2,923 shares of the exchange traded fund’s stock valued at $747,000 after buying an additional 130 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE purchased a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at about $577,000. 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 $317.33 on Friday. The firm has a 50-day moving average of $310.33 and a two-hundred day moving average of $283.56. The stock has a market cap of $12.71 billion, a P/E ratio of 21.86 and a beta of 1.15. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $329.27.

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.