Truist Financial Corp Sells 4,132 Shares of iShares Russell 2000 Growth ETF $IWO

Truist Financial Corp lowered its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 126,867 shares of the exchange traded fund’s stock after selling 4,132 shares during the period. Truist Financial Corp’s holdings in iShares Russell 2000 Growth ETF were worth $40,602,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. raised its position in iShares Russell 2000 Growth ETF by 1.8% in the 3rd quarter. D.A. Davidson & CO. now owns 521,555 shares of the exchange traded fund’s stock worth $166,919,000 after buying an additional 9,433 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth approximately $432,000. American Trust purchased a new position in shares of iShares Russell 2000 Growth ETF during the second quarter valued at approximately $961,000. First Horizon Corp bought a new position in iShares Russell 2000 Growth ETF during the third quarter valued at approximately $11,255,000. Finally, Fortitude Family Office LLC purchased a new stake in iShares Russell 2000 Growth ETF in the third quarter worth approximately $1,072,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO stock opened at $342.80 on Friday. The company has a market cap of $13.75 billion, a P/E 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 $355.34. The stock’s fifty day moving average price is $334.07 and its 200-day moving average price is $319.23.

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.