Geneva Capital Management LLC Raises Stock Position in iShares Russell 2000 Growth ETF $IWO

Geneva Capital Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 21.9% in the second quarter, HoldingsChannel.com reports. The fund owned 86,150 shares of the exchange traded fund’s stock after purchasing an additional 15,473 shares during the period. Geneva Capital Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $33,940,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of iShares Russell 2000 Growth ETF by 2.2% in the second quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after purchasing an additional 84,573 shares during the period. Morgan Stanley raised its position in shares of iShares Russell 2000 Growth ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock worth $846,084,000 after purchasing an additional 123,413 shares during the last quarter. Barings LLC raised its position in shares of iShares Russell 2000 Growth ETF by 2.0% during the 4th quarter. Barings LLC now owns 1,657,750 shares of the exchange traded fund’s stock worth $540,012,000 after purchasing an additional 33,300 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in iShares Russell 2000 Growth ETF by 68.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock valued at $312,035,000 after buying an additional 393,686 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its stake in iShares Russell 2000 Growth ETF by 1.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 935,475 shares of the exchange traded fund’s stock valued at $293,561,000 after buying an additional 13,806 shares in the last quarter. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Up 0.8%

IWO stock opened at $395.65 on Friday. iShares Russell 2000 Growth ETF has a 12-month low of $292.31 and a 12-month high of $396.69. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The business’s 50-day moving average is $382.66 and its 200 day moving average is $357.13.

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.