Lowery Thomas LLC Reduces Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Lowery Thomas LLC cut its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,363 shares of the exchange traded fund’s stock after selling 791 shares during the quarter. iShares Russell 2000 Growth ETF makes up approximately 3.8% of Lowery Thomas LLC’s portfolio, making the stock its 11th biggest holding. Lowery Thomas LLC’s holdings in iShares Russell 2000 Growth ETF were worth $4,379,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in IWO. TIAA Trust National Association acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at approximately $303,496,000. Victory Capital Management Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at approximately $127,411,000. Pathstone Family Office LLC grew its position in shares of iShares Russell 2000 Growth ETF by 5,847.6% in the third quarter. Pathstone Family Office LLC now owns 391,767 shares of the exchange traded fund’s stock valued at $87,815,000 after purchasing an additional 385,180 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at approximately $81,969,000. Finally, Corient Private Wealth LLC grew its position in shares of iShares Russell 2000 Growth ETF by 324.9% in the third quarter. Corient Private Wealth LLC now owns 458,289 shares of the exchange traded fund’s stock valued at $102,725,000 after purchasing an additional 350,440 shares during the last quarter.

iShares Russell 2000 Growth ETF Trading Up 1.3 %

Shares of IWO stock traded up $3.23 during trading hours on Friday, hitting $253.09. The company’s stock had a trading volume of 259,417 shares, compared to its average volume of 565,803. The business has a fifty day moving average of $261.03 and a 200-day moving average of $243.85. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 15.70 and a beta of 1.28. iShares Russell 2000 Growth ETF has a twelve month low of $203.42 and a twelve month high of $273.76.

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.