iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV cut its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,957 shares of the exchange traded fund’s stock after selling 73 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.06% of iShares Russell 2000 Growth ETF worth $6,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 1st quarter worth $26,000. HighMark Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter valued at about $26,000. Riverview Trust Co purchased a new position in iShares Russell 2000 Growth ETF in the second quarter worth $28,000. Frazier Financial Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at $28,000. Finally, GPS Wealth Strategies Group LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 290.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 87 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Down 0.6 %

Shares of IWO opened at $284.01 on Friday. iShares Russell 2000 Growth ETF has a 52-week low of $203.42 and a 52-week high of $291.61. The company has a 50-day simple moving average of $274.68 and a 200-day simple moving average of $266.07. The company has a market capitalization of $11.84 billion, a PE ratio of 16.25 and a beta of 1.31.

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.