Cornerstone Wealth Advisors Inc. Sells 301 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Cornerstone Wealth Advisors Inc. trimmed its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,427 shares of the exchange traded fund’s stock after selling 301 shares during the period. iShares Russell 2000 Growth ETF makes up about 0.5% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 22nd biggest position. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of IWO. CHURCHILL MANAGEMENT Corp lifted its stake in shares of iShares Russell 2000 Growth ETF by 1,423.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock valued at $209,918,000 after purchasing an additional 681,480 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 2000 Growth ETF by 16,238.9% in the third quarter. International Assets Investment Management LLC now owns 258,972 shares of the exchange traded fund’s stock worth $73,548,000 after buying an additional 257,387 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of iShares Russell 2000 Growth ETF by 128.5% in the third quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock worth $100,838,000 after buying an additional 199,699 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares Russell 2000 Growth ETF by 45.4% in the third quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after buying an additional 154,743 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of iShares Russell 2000 Growth ETF by 25.5% in the third quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock worth $138,840,000 after buying an additional 99,373 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $300.73 on Friday. The business’s 50 day moving average price is $299.42 and its 200-day moving average price is $286.96. iShares Russell 2000 Growth ETF has a fifty-two week low of $242.63 and a fifty-two week high of $317.62. The company has a market cap of $12.54 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31.

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.