iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Stake Lessened by LPL Financial LLC

LPL Financial LLC lessened its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 10.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 389,500 shares of the exchange traded fund’s stock after selling 45,150 shares during the period. LPL Financial LLC owned about 0.93% of iShares Russell 2000 Growth ETF worth $102,256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the first quarter worth $26,000. HighMark Wealth Management LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth $26,000. Riverview Trust Co bought a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth $28,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter valued at $28,000. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares Russell 2000 Growth ETF by 290.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 87 shares during the last quarter.

iShares Russell 2000 Growth ETF Price Performance

IWO stock opened at $270.52 on Friday. iShares Russell 2000 Growth ETF has a 1-year low of $203.42 and a 1-year high of $291.61. The firm has a fifty day moving average price of $272.97 and a two-hundred day moving average price of $265.41. The firm has a market cap of $11.28 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31.

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.