Mechanics Bank Trust Department Has $6.82 Million Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Mechanics Bank Trust Department lessened its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.5% in the fourth quarter, HoldingsChannel reports. The fund owned 23,698 shares of the exchange traded fund’s stock after selling 615 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares Russell 2000 Growth ETF were worth $6,821,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $5,049,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the third quarter valued at about $412,000. NBC Securities Inc. increased its position in shares of iShares Russell 2000 Growth ETF by 8.6% during the third quarter. NBC Securities Inc. now owns 3,277 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 260 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Russell 2000 Growth ETF by 45.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after acquiring an additional 154,743 shares during the last quarter. Finally, Eagle Asset Management Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 18.1% in the 3rd quarter. Eagle Asset Management Inc. now owns 4,095 shares of the exchange traded fund’s stock worth $1,268,000 after acquiring an additional 629 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

IWO stock opened at $294.66 on Monday. The company has a market capitalization of $12.29 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 52-week low of $237.66 and a 52-week high of $317.62. The business has a 50-day simple moving average of $299.81 and a two-hundred day simple moving average of $285.96.

About iShares Russell 2000 Growth ETF

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.