Bell Bank Decreases Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Bell Bank lowered its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,819 shares of the exchange traded fund’s stock after selling 290 shares during the quarter. Bell Bank’s holdings in iShares Russell 2000 Growth ETF were worth $811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. PSI Advisors LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $28,000. Richardson Financial Services Inc. grew its position in shares of iShares Russell 2000 Growth ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 72 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth approximately $41,000. Voisard Asset Management Group Inc. acquired a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at approximately $43,000. Finally, Atmos Advisory LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth $44,000.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $283.19 on Friday. The stock’s 50-day moving average is $294.55 and its two-hundred day moving average is $289.37. iShares Russell 2000 Growth ETF has a 1 year low of $242.92 and a 1 year high of $317.62. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 23.69 and a beta of 1.18.

About iShares Russell 2000 Growth ETF

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.