Cwm LLC Reduces Stake in iShares Russell 2000 Growth ETF to $4.65 Million

Cwm LLC has trimmed its investment in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.9% during the third quarter of 2024, as reported in its latest filing with the Securities and Exchange Commission (SEC). The investment firm now holds 16,370 shares of this exchange-traded fund (ETF) after selling off 146 shares over the quarter. As of the most recent SEC report, Cwm LLC's stake in the iShares Russell 2000 Growth ETF is valued at approximately $4.65 million.

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 investment by 0.9% during the first quarter. This firm currently owns 4,844 shares of the ETF, valued at $1.31 million, after an acquisition of 42 additional shares.

Carmichael Hill & Associates Inc. enhanced its position in the ETF by 19.5% in the second quarter, now holding 257 shares worth around $67,000 after buying 42 more shares recently.

Seelaus Asset Management LLC also grew its stake by 2.3% in the first quarter, now owning 1,965 shares valued at $532,000, following the purchase of 45 extra shares. Meanwhile, Echo45 Advisors LLC slightly increased its holdings by 0.4%, amassing 11,164 shares worth about $3.02 million after acquiring 47 shares in the last quarter.

Quotient Wealth Partners LLC raised its investment in the iShares Russell 2000 Growth ETF by 3.6% during the second quarter, owning 1,337 shares valued at $351,000 after gaining 47 shares in the last quarter.

Current Performance of iShares Russell 2000 Growth ETF

As of the latest trading session, the iShares Russell 2000 Growth ETF is up 2.2%, opening at $286.28. The ETF has a 50-day moving average of $275.05 and a 200-day moving average of $267.79. The market capitalization stands at $11.94 billion, with a price-to-earnings (P/E) ratio of 16.25 and a beta of 1.31. Over the past year, the ETF has witnessed a low of $203.42 and a high of $291.61.

Overview of iShares Russell 2000 Growth ETF

The iShares Russell 2000 Growth ETF is designed to mirror the performance of the Russell 2000 Growth Index, which reflects the small-cap growth segment of the U.S. equity market. Investors can use this ETF as a means to gain exposure to small-cap growth stocks within the United States.

Additional Information

For those interested in keeping track of other hedge funds holding shares of the iShares Russell 2000 Growth ETF, resources are available that provide updates on 13F filings and insider trades.

Cwm, ETF, Investment