iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department reduced its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.4% during the second quarter, Holdings Channel.com reports. The fund owned 24,338 shares of the exchange traded fund’s stock after selling 1,400 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Russell 2000 Growth ETF were worth $6,389,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWO. Fiducient Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth approximately $466,000. BOCHK Asset Management Ltd acquired a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at $202,000. Flaharty Asset Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 0.7% during the 4th quarter. Flaharty Asset Management LLC now owns 60,666 shares of the exchange traded fund’s stock worth $15,301,000 after buying an additional 418 shares during the period. Stonebridge Financial Planning Group LLC raised its stake in shares of iShares Russell 2000 Growth ETF by 94.4% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 3,260 shares of the exchange traded fund’s stock worth $822,000 after buying an additional 1,583 shares during the last quarter. Finally, CreativeOne Wealth LLC lifted its holdings in iShares Russell 2000 Growth ETF by 291.4% in the fourth quarter. CreativeOne Wealth LLC now owns 6,118 shares of the exchange traded fund’s stock valued at $1,543,000 after buying an additional 4,555 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

IWO traded up $0.55 during trading on Friday, reaching $263.74. 368,960 shares of the company’s stock were exchanged, compared to its average volume of 477,498. The company’s fifty day moving average price is $267.52 and its 200-day moving average price is $262.15. The firm has a market capitalization of $11.00 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a fifty-two week low of $203.42 and a fifty-two 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.