Waverly Advisors LLC Trims Stake in iShares Russell 2000 Growth ETF $IWO

Waverly Advisors LLC lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.0% in the 2nd quarter, Holdings Channel reports. The fund owned 37,077 shares of the exchange traded fund’s stock after selling 1,965 shares during the quarter. Waverly Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $14,607,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 0.8% in the 2nd quarter. HighTower Advisors LLC now owns 73,549 shares of the exchange traded fund’s stock valued at $28,975,000 after purchasing an additional 599 shares during the period. Tobias Financial Advisors Inc. grew its position in shares of iShares Russell 2000 Growth ETF by 0.6% in the 2nd quarter. Tobias Financial Advisors Inc. now owns 42,656 shares of the exchange traded fund’s stock worth $16,805,000 after buying an additional 251 shares during the period. Tanager Wealth Management LLP purchased a new stake in iShares Russell 2000 Growth ETF in the second quarter worth about $213,000. Ameritas Advisory Services LLC grew its stake in shares of iShares Russell 2000 Growth ETF by 192.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 3,566 shares of the exchange traded fund’s stock worth $1,405,000 after buying an additional 2,347 shares during the last quarter. Finally, Nvest Financial LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth $351,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $377.11 on Wednesday. The firm has a 50-day simple moving average of $382.09 and a two-hundred day simple moving average of $362.52. iShares Russell 2000 Growth ETF has a fifty-two week low of $299.64 and a fifty-two week high of $396.69. The firm has a market cap of $14.56 billion, a P/E ratio of 21.86 and a beta of 1.19.

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.