Wealth Enhancement Trust Services Inc. Sells 4,332 Shares of iShares Russell 2000 Growth ETF $IWO

Wealth Enhancement Trust Services Inc. decreased its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 33.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,439 shares of the exchange traded fund’s stock after selling 4,332 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $3,012,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWO. Concurrent Investment Advisors LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 80.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,967 shares of the exchange traded fund’s stock valued at $2,351,000 after acquiring an additional 2,664 shares during the last quarter. Nicolet Advisory Services LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at about $1,824,000. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of iShares Russell 2000 Growth ETF by 182.2% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 341,500 shares of the exchange traded fund’s stock worth $110,308,000 after purchasing an additional 220,500 shares during the last quarter. Trilogy Capital Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $8,536,000. Finally, Canandaigua National Bank & Trust Co. bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $1,268,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Down 1.4%

NYSEARCA:IWO traded down $5.16 during mid-day trading on Wednesday, hitting $355.37. 486,628 shares of the company’s stock were exchanged, compared to its average volume of 471,439. iShares Russell 2000 Growth ETF has a fifty-two week low of $299.64 and a fifty-two week high of $396.69. The firm has a market capitalization of $14.07 billion, a P/E ratio of 21.86 and a beta of 1.21. The company has a 50 day simple moving average of $374.73 and a 200-day simple moving average of $367.24.

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.