ETFs

Cwm LLC Reduces Stake in iShares Russell 2000 Growth ETF to $4.65 Million

Published October 13, 2024

Cwm LLC has reduced its stake in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.9% during the third quarter of this year. According to the latest filing with the Securities and Exchange Commission, Cwm LLC now holds 16,370 shares of the ETF after selling 146 shares in the quarter. As per the most recent SEC filing, the value of Cwm LLC's holdings in the iShares Russell 2000 Growth ETF stands at approximately $4,649,000.

Additionally, other institutional investors and hedge funds have also made adjustments to their positions in IWO. For instance, Bleakley Financial Group LLC increased its stake in the ETF by 0.9% in the first quarter, now owning 4,844 shares valued at $1,312,000 after buying 42 additional shares in the previous quarter. Similarly, Carmichael Hill & Associates Inc. raised its position by 19.5% during the second quarter, acquiring a total of 257 shares now worth $67,000 after an additional purchase of 42 shares. Seelaus Asset Management LLC also boosted its holdings by 2.3% in the first quarter, owning 1,965 shares valued at $532,000 after an acquisition of 45 extra shares in the same period. Echo45 Advisors LLC raised its position by 0.4%, now holding 11,164 shares valued at $3,023,000 following an additional purchase of 47 shares. Finally, Quotient Wealth Partners LLC increased its stake by 3.6% in the second quarter, now possessing 1,337 shares worth $351,000 after acquiring 47 more shares in the last quarter.

Performance of iShares Russell 2000 Growth ETF

As of Friday, the iShares Russell 2000 Growth ETF opened at $286.28. Its 50-day moving average is $275.05, while the 200-day moving average stands at $267.79. The ETF has a total market capitalization of $11.94 billion, a P/E ratio of 16.25, and a beta of 1.31. Over the past year, it has reached a low of $203.42 and a high of $291.61.

Overview of iShares Russell 2000 Growth ETF

The iShares Russell 2000 Growth ETF is an exchange-traded fund designed to track the price and yield performance of the Russell 2000 Growth Index. This index measures the performance of small-cap growth stocks in the United States equity market.

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For more insights on other hedge fund holdings in IWO, recent 13F filings and trades can be accessed through financial news platforms.

investment, ETF, finance