iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Hits New 1-Year Low – Here’s What Happened

iShares Russell 2000 Growth ETF (NYSEARCA:IWO)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $242.37 and last traded at $243.50, with a volume of 590966 shares traded. The stock had previously closed at $260.51.

iShares Russell 2000 Growth ETF Price Performance

The stock has a market capitalization of $10.23 billion, a P/E ratio of 20.50 and a beta of 1.21. The stock has a fifty day moving average price of $278.87 and a 200 day moving average price of $288.54.

Institutional Investors Weigh In On iShares Russell 2000 Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Versant Capital Management Inc lifted its stake in iShares Russell 2000 Growth ETF by 115.2% in the 1st quarter. Versant Capital Management Inc now owns 198 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 106 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of iShares Russell 2000 Growth ETF by 164.5% in the fourth quarter. Wellington Management Group LLP now owns 181,819 shares of the exchange traded fund’s stock worth $52,331,000 after purchasing an additional 113,084 shares during the period. Mascagni Wealth Management Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth $357,000. Thoma Capital Management LLC bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter valued at $11,423,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in iShares Russell 2000 Growth ETF by 2.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 189,143 shares of the exchange traded fund’s stock worth $54,439,000 after buying an additional 4,253 shares in the last quarter.

iShares Russell 2000 Growth ETF Company Profile

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.