Stonebridge Financial Planning Group LLC Trims Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Stonebridge Financial Planning Group LLC trimmed its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 12.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,150 shares of the exchange traded fund’s stock after selling 463 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $895,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWO. HighMark Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter worth $26,000. Riverview Trust Co bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth $28,000. PSI Advisors LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth $28,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares Russell 2000 Growth ETF by 290.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 87 shares during the period. Finally, Beacon Capital Management LLC boosted its holdings in iShares Russell 2000 Growth ETF by 424.0% in the 1st quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 106 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.5 %

iShares Russell 2000 Growth ETF stock traded up $4.40 during mid-day trading on Wednesday, hitting $298.79. The stock had a trading volume of 229,726 shares, compared to its average volume of 444,388. The firm has a market capitalization of $12.46 billion, a P/E ratio of 16.25 and a beta of 1.31. The firm’s 50 day moving average is $287.15 and its 200 day moving average is $274.67. iShares Russell 2000 Growth ETF has a one year low of $222.38 and a one year high of $314.34.

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.