Janney Montgomery Scott LLC Has $6 Million Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Janney Montgomery Scott LLC reduced its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,836 shares of the exchange traded fund’s stock after selling 560 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell 2000 Growth ETF were worth $5,997,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at about $5,049,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $412,000. NBC Securities Inc. grew its stake in iShares Russell 2000 Growth ETF by 8.6% during the third quarter. NBC Securities Inc. now owns 3,277 shares of the exchange traded fund’s stock valued at $930,000 after acquiring an additional 260 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Russell 2000 Growth ETF by 45.4% during the third quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock valued at $140,739,000 after buying an additional 154,743 shares during the period. Finally, Eagle Asset Management Inc. raised its stake in iShares Russell 2000 Growth ETF by 18.1% in the third quarter. Eagle Asset Management Inc. now owns 4,095 shares of the exchange traded fund’s stock valued at $1,268,000 after purchasing an additional 629 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Up 0.6 %

NYSEARCA:IWO opened at $296.57 on Wednesday. The firm’s fifty day simple moving average is $299.39 and its 200 day simple moving average is $287.60. The stock has a market cap of $12.37 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a twelve month low of $242.63 and a twelve month high of $317.62.

iShares Russell 2000 Growth ETF 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.