Verdence Capital Advisors LLC Decreases Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Verdence Capital Advisors LLC trimmed its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 13.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,747 shares of the exchange traded fund’s stock after selling 267 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $441,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. TIAA Trust National Association purchased a new stake in iShares Russell 2000 Growth ETF during the third quarter worth approximately $303,496,000. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 1.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 818,245 shares of the exchange traded fund’s stock valued at $183,410,000 after buying an additional 9,010 shares during the last quarter. UBS Group AG raised its stake in iShares Russell 2000 Growth ETF by 57.6% during the 3rd quarter. UBS Group AG now owns 772,486 shares of the exchange traded fund’s stock worth $173,153,000 after acquiring an additional 282,319 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 669,357 shares of the exchange traded fund’s stock worth $150,036,000 after acquiring an additional 8,790 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new position in shares of iShares Russell 2000 Growth ETF during the third quarter worth about $127,411,000.

iShares Russell 2000 Growth ETF Stock Performance

iShares Russell 2000 Growth ETF stock opened at $247.84 on Tuesday. The stock has a 50-day simple moving average of $261.53 and a 200-day simple moving average of $243.17. The company has a market capitalization of $10.64 billion, a P/E ratio of 16.55 and a beta of 1.27. iShares Russell 2000 Growth ETF has a fifty-two week low of $203.42 and a fifty-two week high of $273.76.

iShares Russell 2000 Growth ETF Company 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.