Cwm LLC's Investment in iShares Russell 2000 Growth ETF

On October 13, 2024, it was reported that Cwm LLC reduced its investment in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.9% during the third quarter. The institutional investor now holds 16,370 shares of this exchange-traded fund (ETF) after selling 146 shares in the quarter. According to the latest filing with the Securities and Exchange Commission (SEC), Cwm LLC’s stake in the iShares Russell 2000 Growth ETF is valued at approximately $4.65 million.

Several other institutional investors and hedge funds have also adjusted their positions in the iShares Russell 2000 Growth ETF recently. For instance, Bleakley Financial Group LLC increased its holdings by 0.9% during the first quarter, acquiring an additional 42 shares to now own 4,844 shares worth $1.31 million. Similarly, Carmichael Hill & Associates Inc. boosted its stake significantly by 19.5% in the second quarter, now holding 257 shares valued at $67,000.

Seelaus Asset Management LLC also enhanced its position by 2.3% in the first quarter, leading to ownership of 1,965 shares before the recent 45 shares purchase, totaling $532,000. Echo45 Advisors LLC grew its stake slightly by 0.4%, now possessing 11,164 shares worth $3.02 million after acquiring 47 additional shares in the previous quarter. Additionally, Quotient Wealth Partners LLC increased its investment by 3.6% during the second quarter, owning 1,337 shares valued at $351,000 after acquiring 47 shares.

Performance of iShares Russell 2000 Growth ETF

As of Friday, IWO was trading at $286.28, reflecting a 2.2% increase. The ETF’s 50-day moving average stands at $275.05, while its 200-day moving average is at $267.79. Currently, this fund has a market capitalization of $11.94 billion, a price-to-earnings (P/E) ratio of 16.25, and a beta of 1.31. Over the past year, IWO has seen its share price fluctuate between 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 replicate the performance of the Russell 2000 Growth Index, which tracks the small-capitalization growth segment of the U.S. equity market. Investors typically turn to this ETF to gain exposure to the growth potential of smaller companies.

investment, ETF, Cwm