Sat Sep 21 11:36:56 UTC 2024: ## Mercer Global Advisors Reduces Stake in iShares Russell 2000 Growth ETF

**New York, NY** – Mercer Global Advisors Inc. ADV, a prominent institutional investor, trimmed its holdings in the iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.3% during the second quarter, according to a recent SEC filing. This move follows a trend of adjustments among other institutional investors in the company.

Mercer Global Advisors now owns 25,957 shares of IWO, valued at approximately $6,815,000, representing 0.06% of the ETF.

Other notable changes include GAMMA Investing LLC acquiring a new stake in IWO worth $26,000 during the first quarter, while HighMark Wealth Management LLC and Riverview Trust Co both purchased new positions in the second quarter, valued at $26,000 and $28,000 respectively. Frazier Financial Advisors LLC also acquired a new stake worth $28,000 in the fourth quarter.

GPS Wealth Strategies Group LLC saw a significant boost in its position during the second quarter, increasing its holdings by 290.0% to 117 shares, worth $31,000.

iShares Russell 2000 Growth ETF (IWO) seeks to mirror the performance of the Russell 2000 Growth Index, which tracks the small-capitalization growth sector of the US equity market.

As of Friday, IWO opened at $284.01, with a 52-week low of $203.42 and a 52-week high of $291.61. The company boasts a market capitalization of $11.84 billion, a PE ratio of 16.25, and a beta of 1.31.

For further details on IWO and its current holdings, investors can visit HoldingsChannel.com.

**About iShares Russell 2000 Growth ETF (IWO):**

iShares Russell 2000 Growth ETF is an exchange-traded fund designed to track the performance of the Russell 2000 Growth Index. The Index measures the performance of small-capitalization growth companies within the US equity market.

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