Truist Financial Corp Has $40.60 Million Stake in iShares Russell 2000 Growth ETF $IWO

Truist Financial Corp cut its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,867 shares of the exchange traded fund’s stock after selling 4,132 shares during the period. Truist Financial Corp owned about 0.32% of iShares Russell 2000 Growth ETF worth $40,602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWO. First Command Advisory Services Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth approximately $27,000. Harbor Asset Planning Inc. bought a new stake in iShares Russell 2000 Growth ETF in the second quarter valued at $32,000. Howe & Rusling Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the second quarter valued at about $36,000. Ashton Thomas Securities LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth about $36,000. Finally, Retirement Wealth Solutions LLC bought a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $37,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Trading Down 0.5%

Shares of IWO stock opened at $342.80 on Friday. The firm has a fifty day simple moving average of $334.07 and a two-hundred day simple moving average of $319.23. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $355.34. The firm has a market capitalization of $13.75 billion, a PE ratio of 21.86 and a beta of 1.17.

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.