Modera Wealth Management LLC Sells 644 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Modera Wealth Management LLC cut its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,529 shares of the exchange traded fund’s stock after selling 644 shares during the period. Modera Wealth Management LLC owned about 0.07% of iShares Russell 2000 Growth ETF worth $7,818,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new position in iShares Russell 2000 Growth ETF in the second quarter worth $5,049,000. NBC Securities Inc. boosted its stake in iShares Russell 2000 Growth ETF by 8.6% in the third quarter. NBC Securities Inc. now owns 3,277 shares of the exchange traded fund’s stock valued at $930,000 after acquiring an additional 260 shares during the last quarter. Brookstone Capital Management grew its stake in shares of iShares Russell 2000 Growth ETF by 49.2% during the first quarter. Brookstone Capital Management now owns 4,081 shares of the exchange traded fund’s stock worth $1,105,000 after purchasing an additional 1,345 shares during the period. Transform Wealth LLC raised its position in shares of iShares Russell 2000 Growth ETF by 2.9% in the 3rd quarter. Transform Wealth LLC now owns 2,001 shares of the exchange traded fund’s stock valued at $568,000 after acquiring an additional 57 shares during the period. Finally, Fifth Third Securities Inc. raised its holdings in iShares Russell 2000 Growth ETF by 0.8% in the second quarter. Fifth Third Securities Inc. now owns 9,470 shares of the exchange traded fund’s stock worth $2,486,000 after purchasing an additional 75 shares during the period.

iShares Russell 2000 Growth ETF Stock Down 0.1 %

IWO opened at $282.87 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $203.42 and a 12 month high of $293.17. The company has a fifty day simple moving average of $279.74 and a 200 day simple moving average of $269.28. The stock has a market cap of $11.80 billion, a P/E ratio of 16.25 and a beta of 1.31.

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.