Y Intercept Hong Kong Ltd Makes New Investment in iShares Russell 2000 Growth ETF $IWO

Y Intercept Hong Kong Ltd bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the first quarter, Holdings Channel reports. The firm bought 2,827 shares of the exchange traded fund’s stock, valued at approximately $887,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Strive Financial Group LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth $26,000. Modus Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF during the fourth quarter valued at $26,000. Johnson Financial Group Inc. boosted its position in iShares Russell 2000 Growth ETF by 500.0% during the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 75 shares during the last quarter. TD Capital Management LLC purchased a new position in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $30,000. Finally, Ransom Advisory Ltd purchased a new position in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $32,000. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $384.68 on Monday. iShares Russell 2000 Growth ETF has a fifty-two week low of $280.35 and a fifty-two week high of $396.69. The stock’s 50-day moving average is $378.03 and its two-hundred day moving average is $349.86. The firm has a market cap of $15.10 billion, a P/E ratio of 21.86 and a beta of 1.18.

iShares Russell 2000 Growth ETF Company 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.