Modera Wealth Management LLC Decreases Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Modera Wealth Management LLC reduced its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 6.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,081 shares of the exchange traded fund’s stock after selling 1,819 shares during the quarter. Modera Wealth Management LLC owned 0.06% of iShares Russell 2000 Growth ETF worth $8,027,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Rossmore Private Capital purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $74,000. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Russell 2000 Growth ETF by 0.8% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 16,399 shares of the exchange traded fund’s stock worth $5,248,000 after purchasing an additional 125 shares during the last quarter. Triad Wealth Partners LLC raised its holdings in iShares Russell 2000 Growth ETF by 8.0% during the third quarter. Triad Wealth Partners LLC now owns 1,263 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 94 shares during the last quarter. Rede Wealth LLC purchased a new stake in iShares Russell 2000 Growth ETF during the third quarter worth $444,000. Finally, Root Financial Partners LLC acquired a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at $117,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Down 2.0%

Shares of IWO stock opened at $346.76 on Friday. The stock has a market cap of $13.84 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34. The business has a fifty day simple moving average of $330.93 and a 200-day simple moving average of $317.93.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.