iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. lessened its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,737 shares of the exchange traded fund’s stock after selling 222 shares during the quarter. iShares Russell 2000 Growth ETF comprises approximately 0.5% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd largest holding. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $1,769,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWO. Cetera Investment Advisers grew its stake in iShares Russell 2000 Growth ETF by 206.7% in the 1st quarter. Cetera Investment Advisers now owns 272,261 shares of the exchange traded fund’s stock valued at $73,728,000 after acquiring an additional 183,480 shares during the period. Pacific Life Fund Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at $33,580,000. Proficio Capital Partners LLC purchased a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at $28,602,000. Weiss Asset Management LP purchased a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at $22,729,000. Finally, Fiera Capital Corp lifted its holdings in iShares Russell 2000 Growth ETF by 3,683.2% in the 4th quarter. Fiera Capital Corp now owns 88,715 shares of the exchange traded fund’s stock valued at $22,376,000 after purchasing an additional 86,370 shares in the last quarter.

iShares Russell 2000 Growth ETF Trading Up 0.2 %

IWO stock traded up $0.55 during midday trading on Friday, reaching $263.74. The stock had a trading volume of 368,960 shares, compared to its average volume of 477,498. The company’s fifty day simple moving average is $267.52 and its 200 day simple moving average is $262.15. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 52-week low of $203.42 and a 52-week high of $291.61.

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.