Cwm LLC Invests $4.65 Million in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Cwm LLC has adjusted its investment in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by decreasing its stake by 0.9% during the third quarter of 2024. According to their latest filing with the Securities and Exchange Commission, Cwm LLC currently holds 16,370 shares of this exchange-traded fund (ETF), having sold 146 shares in the recent quarter. The value of Cwm LLC's investment in the ETF stands at approximately $4,649,000 based on the most recent disclosures.

Other institutional investors and hedge funds have also been active in modifying their positions in the iShares Russell 2000 Growth ETF. For instance, Bleakley Financial Group LLC raised its stake by 0.9% in the first quarter of the year, now owning 4,844 shares that are valued at $1,312,000 following the purchase of an additional 42 shares. Similarly, Carmichael Hill & Associates Inc. increased its holdings by 19.5% in the second quarter, bringing their total to 257 shares worth $67,000 after acquiring another 42 shares.

Moreover, Seelaus Asset Management LLC enhanced its stake by 2.3% during the first quarter with 1,965 shares valued at $532,000 after purchasing 45 additional shares, while Echo45 Advisors LLC grew its position by 0.4% in the same quarter, resulting in 11,164 shares worth $3,023,000 after acquiring 47 shares. Lastly, Quotient Wealth Partners LLC raised its position by 3.6% in the second quarter, holding 1,337 shares valued at $351,000 after additional purchases of 47 shares.

Performance of iShares Russell 2000 Growth ETF

The iShares Russell 2000 Growth ETF was trading at $286.28 on Friday, reflecting an increase of 2.2%. The ETF's 50-day moving average is listed at $275.05, while its 200-day moving average stands at $267.79. The fund boasts a market capitalization of $11.94 billion, a price-to-earnings (P/E) ratio of 16.25, and a beta of 1.31, indicating its volatility compared to the broader market. Over the past year, the ETF has experienced a low of $203.42 and a high of $291.61.

Overview of iShares Russell 2000 Growth ETF

The iShares Russell 2000 Growth ETF aims to mirror the performance of the Russell 2000 Growth Index, which tracks the small-capitalization growth segment of the U.S. equity market. This fund provides investors with exposure to growth-oriented companies within the small-cap sector, making it an appealing option for those looking to diversify their investment portfolios.

Cwm, Investment, iShares