iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 1,051,958 shares traded hands during trading, an increase of 124% from the previous session’s volume of 470,238 shares.The stock last traded at $390.94 and had previously closed at $388.23.
iShares Russell 2000 Growth ETF Trading Down 2.0%
The company’s 50 day moving average price is $384.11 and its 200-day moving average price is $358.52. The company has a market capitalization of $14.77 billion, a PE ratio of 21.86 and a beta of 1.19.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quent Long Short Global Small Cap Fund LP acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at about $9,924,000. One Wealth Advisors LLC acquired a new position in iShares Russell 2000 Growth ETF in the fourth quarter worth about $696,000. Summit Creek Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $4,600,000. Stronghold Wealth Management L.L.C. bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $1,697,000. Finally, M3 Wealth Management LLC acquired a new stake in iShares Russell 2000 Growth ETF during the fourth quarter valued at approximately $537,000. Institutional investors and hedge funds own 74.88% of the company’s stock.
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.
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