Cwm LLC Reduces Stake in iShares Russell 2000 Growth ETF

According to recent filings with the Securities and Exchange Commission, Cwm LLC has reduced its investment in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.9% during the third quarter. Following the sale of 146 shares, Cwm LLC now holds 16,370 shares of this exchange-traded fund, valued at approximately $4.65 million. This adjustment reflects the institution’s strategic moves within its investment portfolio.

In addition to Cwm LLC, several other institutional investors and hedge funds have also made adjustments to their stakes in the iShares Russell 2000 Growth ETF. For instance, Bleakley Financial Group LLC increased its position by 0.9% in the first quarter, acquiring an additional 42 shares to reach a total of 4,844 shares valued at $1.31 million. Meanwhile, Carmichael Hill & Associates Inc. grew its holdings by 19.5% in the second quarter, ending with 257 shares worth $67,000 after purchasing more shares.

Seelaus Asset Management LLC also increased its stake by 2.3% in the first quarter, bringing its holdings to 1,965 shares valued at $532,000 with the acquisition of 45 additional shares. Similarly, Echo45 Advisors LLC raised its position by 0.4% and now owns 11,164 shares worth $3.02 million after buying 47 more shares. Quotient Wealth Partners LLC enhanced its stake by 3.6% in the second quarter, accumulating a total of 1,337 shares valued at $351,000 with an additional purchase of 47 shares.

Recent Performance of iShares Russell 2000 Growth ETF

As of the recent market activities, the iShares Russell 2000 Growth ETF (IWO) saw a trading increase of 2.2%. It opened at $286.28, and its 50-day moving average stands at $275.05, while the 200-day moving average is noted at $267.79. The ETF has a market capitalization of approximately $11.94 billion, a price-to-earnings (P/E) ratio of 16.25, and a beta of 1.31, indicating its volatility in comparison to the broader market. Over the past year, the ETF's lowest point was $203.42, whereas its highest reached $291.61.

About iShares Russell 2000 Growth ETF

The iShares Russell 2000 Growth ETF aims to deliver investment results that correspond closely to the performance of the Russell 2000 Growth Index. This index is designed to track the small-cap growth segment of the U.S. equity market, providing investors with a targeted approach to investing in small-cap growth companies.

Investor Insights

This ongoing activity among institutional investors in the iShares Russell 2000 Growth ETF indicates their interest in the small-cap growth sector of the market. As investment strategies evolve, these changes may reflect broader market trends and sentiments in the equity space.

Investment, ETF, Stake