Canandaigua National Bank & Trust Co. Acquires New Shares in iShares Russell 2000 Growth ETF $IWO

Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 2nd quarter, Holdings Channel reports. The firm bought 3,219 shares of the exchange traded fund’s stock, valued at approximately $1,268,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWO. AQR Capital Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 20.0% during 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 buying an additional 1,918 shares during the period. Rhumbline Advisers grew its stake in shares of iShares Russell 2000 Growth ETF by 358.6% during the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 581 shares during the period. State Street Corp bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth $84,862,000. Sei Investments Co. raised its stake in iShares Russell 2000 Growth ETF by 8.7% during the 2nd quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock valued at $52,093,000 after purchasing an additional 14,563 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth approximately $62,237,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $386.73 on Thursday. The company has a market cap of $14.93 billion, a P/E ratio of 21.86 and a beta of 1.19. The firm’s fifty day moving average is $381.05 and its two-hundred day moving average is $355.16. iShares Russell 2000 Growth ETF has a 52-week low of $288.16 and a 52-week high of $396.69.

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