iShares Russell 2000 Growth ETF $IWO Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC cut its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 28.6% during the 3rd quarter, Holdings Channel reports. The firm owned 3,964 shares of the exchange traded fund’s stock after selling 1,585 shares during the period. MMA Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,269,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IWO. D.A. Davidson & CO. boosted its position in iShares Russell 2000 Growth ETF by 1.8% during the third quarter. D.A. Davidson & CO. now owns 521,555 shares of the exchange traded fund’s stock worth $166,919,000 after acquiring an additional 9,433 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth $432,000. American Trust purchased a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth $961,000. Fortitude Family Office LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth $1,072,000. Finally, First Horizon Corp acquired a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth $11,255,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Up 4.2%

iShares Russell 2000 Growth ETF stock opened at $339.48 on Friday. The firm has a market capitalization of $13.46 billion, a P/E ratio of 21.86 and a beta of 1.17. The stock has a fifty day moving average price of $335.77 and a 200 day moving average price of $321.06. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $355.34.

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.