Axiom Investors LLC DE Cuts Position in iShares Russell 2000 Growth ETF $IWO

Axiom Investors LLC DE lessened its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 12.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,100 shares of the exchange traded fund’s stock after selling 7,000 shares during the quarter. Axiom Investors LLC DE’s holdings in iShares Russell 2000 Growth ETF were worth $15,214,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Modus Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $26,000. Caitlin John LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth approximately $31,000. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth approximately $32,000. Ransom Advisory Ltd purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $32,000. Finally, ESL Trust Services LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $36,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $370.61 on Wednesday. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The stock has a 50 day moving average price of $356.19 and a 200-day moving average price of $340.15. iShares Russell 2000 Growth ETF has a one year low of $272.16 and a one year high of $384.50.

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.