iShares Russell 2000 Growth ETF (NYSEARCA:IWO) shot up 1.7% during mid-day trading on Wednesday following a dividend announcement from the company. The company traded as high as $152.06 and last traded at $154.43, 9,564 shares were traded during mid-day trading. A decline of 99% from the average session volume of 683,549 shares. The stock had previously closed at $151.87.
The newly announced dividend which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a dividend of $0.3193 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Wednesday, March 25th.
The business has a 50-day moving average of $192.36 and a 200 day moving average of $202.32.
About iShares Russell 2000 Growth ETF (NYSEARCA:IWO)
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.
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