Brown Advisory Inc. Sells 6,748 Shares of iShares Russell 2000 Growth Index (IWO)

Brown Advisory Inc. reduced its position in iShares Russell 2000 Growth Index (NYSEARCA:IWO) by 6.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 90,676 shares of the exchange traded fund’s stock after selling 6,748 shares during the period. Brown Advisory Inc.’s holdings in iShares Russell 2000 Growth Index were worth $16,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in IWO. SeaCrest Wealth Management LLC purchased a new stake in iShares Russell 2000 Growth Index in the fourth quarter worth $110,000. Tower Research Capital LLC TRC purchased a new stake in iShares Russell 2000 Growth Index in the fourth quarter worth $118,000. Victory Capital Management Inc. increased its position in iShares Russell 2000 Growth Index by 108.6% in the third quarter. Victory Capital Management Inc. now owns 874 shares of the exchange traded fund’s stock worth $156,000 after buying an additional 455 shares during the last quarter. Jacobi Capital Management LLC purchased a new stake in iShares Russell 2000 Growth Index in the third quarter worth $165,000. Finally, Portland Global Advisors LLC purchased a new stake in iShares Russell 2000 Growth Index in the fourth quarter worth $201,000.

Shares of iShares Russell 2000 Growth Index (NYSEARCA:IWO) opened at $191.87 on Friday. iShares Russell 2000 Growth Index has a 52-week low of $156.37 and a 52-week high of $198.30. The stock has a market capitalization of $9,060.00 and a price-to-earnings ratio of 13.89.

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About iShares Russell 2000 Growth Index

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.

Want to see what other hedge funds are holding IWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Growth Index (NYSEARCA:IWO).

Institutional Ownership by Quarter for iShares Russell 2000 Growth Index (NYSEARCA:IWO)

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