Waverly Advisors LLC Has $3.57 Million Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Waverly Advisors LLC raised its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 173.9% in the 1st quarter, HoldingsChannel reports. The fund owned 13,181 shares of the exchange traded fund’s stock after buying an additional 8,368 shares during the quarter. Waverly Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $3,569,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWO. Barings LLC boosted its stake in iShares Russell 2000 Growth ETF by 3.2% in the fourth quarter. Barings LLC now owns 1,505,250 shares of the exchange traded fund’s stock valued at $379,654,000 after acquiring an additional 47,200 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares Russell 2000 Growth ETF by 4.0% in the 1st quarter. TIAA Trust National Association now owns 1,397,796 shares of the exchange traded fund’s stock worth $378,988,000 after purchasing an additional 54,235 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares Russell 2000 Growth ETF by 7.2% during the fourth 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 during the period. Commonwealth Equity Services LLC increased its holdings in iShares Russell 2000 Growth ETF by 0.7% in the first quarter. Commonwealth Equity Services LLC now owns 701,793 shares of the exchange traded fund’s stock valued at $190,046,000 after purchasing an additional 4,730 shares during the last quarter. Finally, US Bancorp DE lifted its stake in iShares Russell 2000 Growth ETF by 2.6% in the first quarter. US Bancorp DE now owns 464,550 shares of the exchange traded fund’s stock valued at $125,800,000 after buying an additional 11,839 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA IWO traded down $0.35 during midday trading on Tuesday, reaching $281.82. 300,485 shares of the stock were exchanged, compared to its average volume of 470,182. iShares Russell 2000 Growth ETF has a 12 month low of $203.42 and a 12 month high of $291.61. The company has a market capitalization of $11.75 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. The business has a 50-day simple moving average of $266.82 and a two-hundred day simple moving average of $260.74.

iShares Russell 2000 Growth ETF Company 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.