Corundum Group Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Free Report) by 18.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 34,285 shares of the exchange traded fund’s stock after purchasing an additional 5,381 shares during the period. iShares Russell 2000 Growth ETF comprises 3.7% of Corundum Group Inc.’s portfolio, making the stock its 6th largest holding. Corundum Group Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $11,074,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of iShares Russell 2000 Growth ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock worth $1,124,473,000 after purchasing an additional 84,573 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Russell 2000 Growth ETF by 1.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock worth $341,755,000 after purchasing an additional 15,090 shares during the period. JPMorgan Chase & Co. grew its stake in iShares Russell 2000 Growth ETF by 73.3% during the third quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after acquiring an additional 412,741 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 1.1% during the third quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock valued at $291,603,000 after purchasing an additional 10,143 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Russell 2000 Growth ETF by 2.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock valued at $198,900,000 after buying an additional 14,460 shares in the last quarter. 74.88% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 2000 Growth ETF Trading Up 1.3%
IWO opened at $321.24 on Thursday. The stock has a 50-day moving average of $333.80 and a 200 day moving average of $328.20. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $355.34. The firm has a market cap of $12.74 billion, a P/E ratio of 21.86 and a beta of 1.17.
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.
Recommended Stories
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 ETF (NYSEARCA:IWO – Free Report).
Receive News & Ratings for iShares Russell 2000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
