UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Makes New Investment in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,450 shares of the exchange traded fund’s stock, valued at approximately $412,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWO. Barings LLC raised its stake in iShares Russell 2000 Growth ETF by 5.3% during the second quarter. Barings LLC now owns 1,549,450 shares of the exchange traded fund’s stock worth $407,521,000 after purchasing an additional 77,800 shares during the period. TIAA Trust National Association lifted its holdings in iShares Russell 2000 Growth ETF by 1.8% in the second quarter. TIAA Trust National Association now owns 1,423,320 shares of the exchange traded fund’s stock valued at $374,068,000 after acquiring an additional 25,524 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares Russell 2000 Growth ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,070,554 shares of the exchange traded fund’s stock worth $281,053,000 after acquiring an additional 12,233 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in iShares Russell 2000 Growth ETF by 2.3% during the third quarter. Cassaday & Co Wealth Management LLC now owns 877,228 shares of the exchange traded fund’s stock worth $249,133,000 after acquiring an additional 19,467 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its position in iShares Russell 2000 Growth ETF by 28,721.3% in the second quarter. Strategic Financial Concepts LLC now owns 774,141 shares of the exchange traded fund’s stock valued at $2,032,000 after purchasing an additional 771,455 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $290.85 on Friday. The company has a 50-day moving average of $299.35 and a two-hundred day moving average of $281.47. The firm has a market cap of $12.13 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1-year low of $237.03 and a 1-year high of $317.62.

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.