Citizens Financial Group Inc. RI Raises Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Citizens Financial Group Inc. RI boosted its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 18.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 8,022 shares of the exchange traded fund’s stock after acquiring an additional 1,262 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares Russell 2000 Growth ETF were worth $2,293,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Barings LLC raised its stake in shares of iShares Russell 2000 Growth ETF by 5.2% in the first quarter. Barings LLC now owns 1,623,850 shares of the exchange traded fund’s stock worth $418,304,000 after purchasing an additional 79,800 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell 2000 Growth ETF by 1.4% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 901,004 shares of the exchange traded fund’s stock worth $257,561,000 after buying an additional 12,754 shares during the period. Commonwealth Equity Services LLC raised its position in iShares Russell 2000 Growth ETF by 2.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 512,820 shares of the exchange traded fund’s stock worth $131,041,000 after buying an additional 14,451 shares during the last quarter. D.A. Davidson & CO. lifted its stake in iShares Russell 2000 Growth ETF by 3.6% during the 2nd quarter. D.A. Davidson & CO. now owns 512,122 shares of the exchange traded fund’s stock valued at $146,395,000 after acquiring an additional 17,568 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Russell 2000 Growth ETF by 4.5% in the 1st quarter. Royal Bank of Canada now owns 377,626 shares of the exchange traded fund’s stock valued at $96,494,000 after acquiring an additional 16,329 shares during the last quarter. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $306.58 on Tuesday. The company’s fifty day moving average price is $322.68 and its 200-day moving average price is $298.92. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $337.26. The firm has a market capitalization of $12.31 billion, a P/E 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.