Kowal Investment Group LLC Sells 75 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Kowal Investment Group LLC lowered its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.5% in the first quarter, Holdings Channel reports. The firm owned 2,081 shares of the exchange traded fund’s stock after selling 75 shares during the period. Kowal Investment Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $564,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Barings LLC raised its stake in iShares Russell 2000 Growth ETF by 3.2% during the 4th quarter. Barings LLC now owns 1,505,250 shares of the exchange traded fund’s stock valued at $379,654,000 after purchasing an additional 47,200 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares Russell 2000 Growth ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 976,557 shares of the exchange traded fund’s stock worth $246,307,000 after purchasing an additional 65,651 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares Russell 2000 Growth ETF by 4.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 697,063 shares of the exchange traded fund’s stock valued at $175,813,000 after purchasing an additional 27,706 shares in the last quarter. D.A. Davidson & CO. lifted its position in iShares Russell 2000 Growth ETF by 1.2% in the fourth quarter. D.A. Davidson & CO. now owns 452,048 shares of the exchange traded fund’s stock worth $114,016,000 after purchasing an additional 5,281 shares during the period. Finally, M&T Bank Corp boosted its stake in iShares Russell 2000 Growth ETF by 0.5% during the fourth quarter. M&T Bank Corp now owns 445,110 shares of the exchange traded fund’s stock worth $112,265,000 after buying an additional 2,002 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock traded down $1.58 during mid-day trading on Monday, reaching $260.95. The company’s stock had a trading volume of 197,676 shares, compared to its average volume of 469,169. The firm’s 50-day moving average is $260.23 and its two-hundred day moving average is $257.10. The company has a market cap of $10.88 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1-year low of $203.42 and a 1-year high of $273.76.

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.