SVB Wealth LLC Has $1.05 Million Stake in iShares Russell 2000 Growth ETF $IWO

SVB Wealth LLC trimmed its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 37.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,257 shares of the exchange traded fund’s stock after selling 1,960 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,052,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE increased its holdings in iShares Russell 2000 Growth ETF by 2.2% in the second 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 purchasing an additional 84,573 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares Russell 2000 Growth ETF by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock valued at $341,755,000 after purchasing an additional 15,090 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Russell 2000 Growth ETF by 73.3% in the third quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after purchasing an additional 412,741 shares during the period. Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell 2000 Growth ETF by 1.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 921,669 shares of the exchange traded fund’s stock valued at $297,708,000 after purchasing an additional 10,522 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in iShares Russell 2000 Growth ETF by 2.4% in the third quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock valued at $198,900,000 after purchasing an additional 14,460 shares during the period. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Up 1.0%

NYSEARCA IWO opened at $372.81 on Tuesday. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a twelve month low of $262.24 and a twelve month high of $375.70. The stock has a fifty day simple moving average of $335.08 and a 200 day simple moving average of $332.82.

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.