iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

iShares Russell 2000 Growth ETF (NYSEARCA:IWO) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $366.33 and traded as low as $354.26. iShares Russell 2000 Growth ETF shares last traded at $357.64, with a volume of 531,256 shares traded.

iShares Russell 2000 Growth ETF Stock Performance

The stock has a market capitalization of $14.34 billion, a P/E ratio of 21.86 and a beta of 1.19. The company’s 50-day moving average price is $375.15 and its 200 day moving average price is $366.29.

Institutional Investors Weigh In On iShares Russell 2000 Growth ETF

A number of institutional investors have recently bought and sold shares of the business. Optiver Holding B.V. grew its stake in shares of iShares Russell 2000 Growth ETF by 100.1% during the first quarter. Optiver Holding B.V. now owns 16,503 shares of the exchange traded fund’s stock valued at $5,179,000 after buying an additional 22,775,700 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock worth $312,035,000 after buying an additional 393,686 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of iShares Russell 2000 Growth ETF by 182.2% during the 4th 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 acquiring an additional 220,500 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of iShares Russell 2000 Growth ETF by 154.2% during the 1st quarter. Fifth Third Bancorp now owns 125,396 shares of the exchange traded fund’s stock worth $39,350,000 after acquiring an additional 76,065 shares during the last quarter. Finally, Pacific Life Fund Advisors LLC boosted its holdings in iShares Russell 2000 Growth ETF by 42.0% during the 1st quarter. Pacific Life Fund Advisors LLC now owns 202,351 shares of the exchange traded fund’s stock valued at $63,500,000 after acquiring an additional 59,883 shares during the period. Hedge funds and other institutional investors own 74.88% of the company’s stock.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.