Franklin Resources Inc. Cuts Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Franklin Resources Inc. lessened its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,322 shares of the exchange traded fund’s stock after selling 80 shares during the quarter. Franklin Resources Inc. owned 0.08% of iShares Russell 2000 Growth ETF worth $9,325,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWO. Arkadios Wealth Advisors boosted its stake in shares of iShares Russell 2000 Growth ETF by 1.6% in the third quarter. Arkadios Wealth Advisors now owns 2,221 shares of the exchange traded fund’s stock valued at $631,000 after buying an additional 36 shares in the last quarter. Diversified Portfolios Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 2.5% during the 3rd quarter. Diversified Portfolios Inc. now owns 1,555 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 38 shares in the last quarter. Apollon Wealth Management LLC grew its stake in shares of iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock worth $818,000 after purchasing an additional 38 shares during the period. Investment Advisory Group LLC increased its holdings in shares of iShares Russell 2000 Growth ETF by 3.3% in the 3rd quarter. Investment Advisory Group LLC now owns 1,258 shares of the exchange traded fund’s stock valued at $357,000 after purchasing an additional 40 shares in the last quarter. Finally, First Citizens Bank & Trust Co. lifted its stake in shares of iShares Russell 2000 Growth ETF by 2.1% in the third quarter. First Citizens Bank & Trust Co. now owns 2,011 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 41 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.0 %

Shares of IWO opened at $290.85 on Friday. iShares Russell 2000 Growth ETF has a twelve month low of $237.03 and a twelve month high of $317.62. The firm has a market capitalization of $12.13 billion, a P/E ratio of 16.25 and a beta of 1.31. The firm’s 50-day moving average is $299.35 and its two-hundred day moving average is $281.62.

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.