Pacific Life Fund Advisors LLC Buys 59,883 Shares of iShares Russell 2000 Growth ETF $IWO

Pacific Life Fund Advisors LLC grew its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 42.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 202,351 shares of the exchange traded fund’s stock after acquiring an additional 59,883 shares during the period. iShares Russell 2000 Growth ETF accounts for approximately 7.3% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $63,500,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IWO. AQR Capital Management LLC raised its holdings in iShares Russell 2000 Growth ETF by 20.0% in the 1st quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after acquiring an additional 1,918 shares during the period. Rhumbline Advisers boosted its holdings in shares of iShares Russell 2000 Growth ETF by 358.6% during the first quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 581 shares during the period. State Street Corp bought a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth approximately $84,862,000. Sei Investments Co. boosted its holdings in shares of iShares Russell 2000 Growth ETF by 8.7% during the second quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock worth $52,093,000 after acquiring an additional 14,563 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $62,237,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $384.68 on Monday. The firm has a market cap of $15.10 billion, a P/E ratio of 21.86 and a beta of 1.18. iShares Russell 2000 Growth ETF has a 1-year low of $280.35 and a 1-year high of $396.69. The business’s 50 day moving average is $378.03 and its 200-day moving average is $349.86.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.