Cetera Investment Advisers Cuts Position in iShares Russell 2000 Growth ETF $IWO

Cetera Investment Advisers decreased its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 230,267 shares of the exchange traded fund’s stock after selling 12,130 shares during the quarter. Cetera Investment Advisers owned 0.60% of iShares Russell 2000 Growth ETF worth $72,260,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF by 68.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock valued at $312,035,000 after acquiring an additional 393,686 shares during the last quarter. State Street Corp purchased a new position in iShares Russell 2000 Growth ETF in the second quarter valued at approximately $84,862,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in iShares Russell 2000 Growth ETF by 182.2% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 341,500 shares of the exchange traded fund’s stock valued at $110,308,000 after purchasing an additional 220,500 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in iShares Russell 2000 Growth ETF during the second quarter worth approximately $62,237,000. Finally, Morgan Stanley raised its holdings in iShares Russell 2000 Growth ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock worth $846,084,000 after purchasing an additional 123,413 shares in the last quarter. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Down 0.6%

Shares of NYSEARCA:IWO opened at $374.02 on Friday. The company has a market capitalization of $14.46 billion, a PE ratio of 21.86 and a beta of 1.18. iShares Russell 2000 Growth ETF has a twelve month low of $280.35 and a twelve month high of $396.69. The firm has a 50 day simple moving average of $379.68 and a 200-day simple moving average of $353.01.

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.