UBS Group AG Increases Position in iShares Russell 2000 Growth ETF $IWO

UBS Group AG raised its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 10.3% during the fourth quarter, HoldingsChannel reports. The firm owned 522,032 shares of the exchange traded fund’s stock after buying an additional 48,892 shares during the quarter. UBS Group AG’s holdings in iShares Russell 2000 Growth ETF were worth $168,622,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of iShares Russell 2000 Growth ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after buying an additional 84,573 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of 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 last quarter. JPMorgan Chase & Co. grew its position in shares of 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 last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 1.1% in 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 buying an additional 10,143 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Russell 2000 Growth ETF by 2.4% in 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 buying an additional 14,460 shares during the last quarter. 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 $351.33 on Thursday. The firm’s fifty day moving average price is $331.37 and its 200 day moving average price is $331.15. The company has a market capitalization of $13.54 billion, a price-to-earnings ratio of 21.86 and a beta of 1.16. iShares Russell 2000 Growth ETF has a 12 month low of $248.24 and a 12 month high of $363.13.

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.