TimesSquare Capital Management LLC Sells 33,900 Shares of iShares Russell 2000 Growth ETF $IWO

TimesSquare Capital Management LLC cut its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 39.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,100 shares of the exchange traded fund’s stock after selling 33,900 shares during the quarter. TimesSquare Capital Management LLC owned about 0.13% of iShares Russell 2000 Growth ETF worth $16,354,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWO. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 27,615.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 363,900 shares of the exchange traded fund’s stock valued at $104,024,000 after buying an additional 362,587 shares in the last quarter. State Street Corp purchased a new position in iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $84,862,000. The Manufacturers Life Insurance Company bought a new stake in iShares Russell 2000 Growth ETF during the second quarter worth about $62,237,000. Bank of America Corp DE grew its holdings in iShares Russell 2000 Growth ETF by 2.2% in the second quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock worth $1,124,473,000 after purchasing an additional 84,573 shares during the period. Finally, Brown Advisory Inc. grew its holdings in iShares Russell 2000 Growth ETF by 53.0% in the second quarter. Brown Advisory Inc. now owns 179,698 shares of the exchange traded fund’s stock worth $51,368,000 after purchasing an additional 62,216 shares during the period. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

IWO stock opened at $334.76 on Monday. The firm has a 50 day moving average price of $336.80 and a 200-day moving average price of $323.02. iShares Russell 2000 Growth ETF has a 52-week low of $219.19 and a 52-week high of $355.34. The firm has a market capitalization of $13.27 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.