Trilogy Capital Inc. Boosts Stake in iShares Russell 2000 Growth ETF $IWO
by Tristan Rich · The Markets DailyTrilogy Capital Inc. lifted its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Free Report) by 358.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,472 shares of the exchange traded fund’s stock after purchasing an additional 7,406 shares during the period. Trilogy Capital Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $3,060,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE increased 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 in the last quarter. Envestnet Asset Management Inc. increased 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 buying an additional 15,090 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Russell 2000 Growth ETF by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock worth $312,240,000 after buying an additional 412,741 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its stake in iShares Russell 2000 Growth ETF by 1.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock worth $291,603,000 after buying an additional 10,143 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in iShares Russell 2000 Growth ETF by 2.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock worth $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 Stock Performance
Shares of IWO stock opened at $332.72 on Friday. iShares Russell 2000 Growth ETF has a 52-week low of $228.84 and a 52-week high of $355.34. The firm has a market capitalization of $12.89 billion, a PE ratio of 21.86 and a beta of 1.17. The stock has a fifty day simple moving average of $327.18 and a two-hundred day simple moving average of $328.29.
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.