Royal Bank of Canada Sells 4,678 Shares of iShares Russell 2000 Growth ETF $IWO

Royal Bank of Canada trimmed its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 374,869 shares of the exchange traded fund’s stock after selling 4,678 shares during the quarter. Royal Bank of Canada owned approximately 0.97% of iShares Russell 2000 Growth ETF worth $117,637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWO. Quent Long Short Global Small Cap Fund LP purchased a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at approximately $9,924,000. AE Wealth Management LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 24.2% in the fourth quarter. AE Wealth Management LLC now owns 266,445 shares of the exchange traded fund’s stock valued at $86,065,000 after acquiring an additional 51,934 shares in the last quarter. One Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at $696,000. Stronghold Wealth Management L.L.C. purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at $1,697,000. Finally, Summit Creek Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at $4,600,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 2.7%

iShares Russell 2000 Growth ETF stock opened at $373.48 on Friday. The stock has a market cap of $14.42 billion, a PE ratio of 21.86 and a beta of 1.18. The stock has a 50-day moving average price of $380.65 and a 200 day moving average price of $354.16. iShares Russell 2000 Growth ETF has a 52 week low of $280.35 and a 52 week high of $396.69.

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.