MV Capital Management Inc. Sells 595 Shares of iShares Russell 2000 Growth ETF $IWO

MV Capital Management Inc. trimmed its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,076 shares of the exchange traded fund’s stock after selling 595 shares during the period. MV Capital Management Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $2,880,000 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 IWO. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at about $27,000. WPG Advisers LLC purchased a new position in iShares Russell 2000 Growth ETF in the 1st quarter worth approximately $25,000. Harbor Asset Planning Inc. purchased a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth approximately $32,000. Dagco Inc. bought a new stake in iShares Russell 2000 Growth ETF in the first quarter valued at approximately $38,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $55,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $322.82 on Thursday. iShares Russell 2000 Growth ETF has a 52-week low of $219.19 and a 52-week high of $337.26. The company’s 50 day moving average price is $322.73 and its 200-day moving average price is $297.44. The stock has a market capitalization of $12.96 billion, a price-to-earnings 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.