Cetera Investment Advisers Sells 15,325 Shares of iShares Russell 2000 Growth ETF $IWO

Cetera Investment Advisers lessened its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 259,602 shares of the exchange traded fund’s stock after selling 15,325 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Russell 2000 Growth ETF were worth $74,210,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. WPG Advisers LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $25,000. First Command Advisory Services Inc. bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth $27,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at $32,000. Dagco Inc. bought a new stake in iShares Russell 2000 Growth ETF in the 1st quarter worth approximately $38,000. Finally, Wealth Preservation Advisors LLC bought a new position in iShares Russell 2000 Growth ETF during the first quarter valued at $55,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $312.12 on Friday. The stock has a market cap of $12.53 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 1 year low of $219.19 and a 1 year high of $337.26. The firm’s 50-day moving average is $322.79 and its two-hundred day moving average is $298.24.

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.