Riverbridge Partners LLC Has $3.50 Million Holdings in iShares Russell 2000 Growth ETF $IWO

Riverbridge Partners LLC lessened its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 28.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,144 shares of the exchange traded fund’s stock after selling 4,432 shares during the quarter. Riverbridge Partners LLC’s holdings in iShares Russell 2000 Growth ETF were worth $3,497,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its position 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 valued at $312,035,000 after purchasing an additional 393,686 shares during the last quarter. State Street Corp acquired a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth about $84,862,000. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in 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 valued at $110,308,000 after purchasing an additional 220,500 shares during the period. The Manufacturers Life Insurance Company bought a new stake in iShares Russell 2000 Growth ETF during the 2nd quarter valued at approximately $62,237,000. Finally, Morgan Stanley grew its holdings in iShares Russell 2000 Growth ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock valued at $846,084,000 after buying an additional 123,413 shares during the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Down 1.6%

Shares of IWO stock opened at $387.68 on Wednesday. iShares Russell 2000 Growth ETF has a 1 year low of $279.95 and a 1 year high of $395.32. The firm’s fifty day simple moving average is $368.74 and its 200 day simple moving average is $344.59. The firm has a market capitalization of $15.00 billion, a P/E ratio of 21.86 and a beta of 1.19.

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.