Total Wealth Planning LLC Cuts Holdings in iShares Russell 2000 Growth ETF $IWO

Total Wealth Planning LLC cut its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.5% in the second quarter, HoldingsChannel reports. The firm owned 4,694 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. Total Wealth Planning LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,342,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. WPG Advisers LLC purchased a new position in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $25,000. Cedar Mountain Advisors LLC boosted its holdings in iShares Russell 2000 Growth ETF by 137.5% during the 1st quarter. Cedar Mountain Advisors LLC now owns 114 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 66 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in iShares Russell 2000 Growth ETF during the 1st quarter valued at $34,000. Bernard Wealth Management Corp. boosted its holdings in iShares Russell 2000 Growth ETF by 118.5% during the 1st quarter. Bernard Wealth Management Corp. now owns 142 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 77 shares during the period. Finally, Dagco Inc. purchased a new position in iShares Russell 2000 Growth ETF during the 1st quarter valued at $38,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Down 1.4%

Shares of IWO opened at $319.38 on Thursday. The firm has a market capitalization of $12.89 billion, a P/E ratio of 21.86 and a beta of 1.15. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $327.85. The firm has a fifty day moving average price of $303.07 and a 200-day moving average price of $278.61.

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.