Wellington Management Group LLP Increases Position in iShares Russell 2000 Growth ETF $IWO

Wellington Management Group LLP raised its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 71.8% in the second quarter, Holdings Channel.com reports. The firm owned 87,193 shares of the exchange traded fund’s stock after purchasing an additional 36,441 shares during the period. Wellington Management Group LLP’s holdings in iShares Russell 2000 Growth ETF were worth $34,351,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its stake in shares of iShares Russell 2000 Growth ETF by 2.2% in the 2nd 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 buying an additional 84,573 shares during the last quarter. Morgan Stanley raised its stake in iShares Russell 2000 Growth ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock valued at $846,084,000 after buying an additional 123,413 shares during the last quarter. Barings LLC boosted its holdings in iShares Russell 2000 Growth ETF by 2.0% in the fourth quarter. Barings LLC now owns 1,657,750 shares of the exchange traded fund’s stock worth $540,012,000 after acquiring an additional 33,300 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares Russell 2000 Growth ETF by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock worth $312,035,000 after acquiring an additional 393,686 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC grew its stake in shares of iShares Russell 2000 Growth ETF by 1.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 935,475 shares of the exchange traded fund’s stock worth $293,561,000 after acquiring an additional 13,806 shares during the last quarter. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $377.54 on Friday. iShares Russell 2000 Growth ETF has a 1-year low of $299.64 and a 1-year high of $396.69. The business has a fifty day moving average price of $382.68 and a 200-day moving average price of $361.75. The company has a market capitalization of $14.57 billion, a PE ratio of 21.86 and a beta of 1.19.

iShares Russell 2000 Growth ETF 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.