Today were reported iShares Russell 2000 Growth Index (ETF) (NYSEARCA:IWO)‘s daily net flows. The ETF registered $-94.71M asset outflows for -1.59% decrease, reaching $5864.95M after yestarday’s trading session. The chart of iShares Russell 2000 Growth Index (ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 2.42% or $3.3 on November 7, hitting $139.61. It is down 3.78% since April 5, 2016 and is uptrending. It has outperformed by 1.83% the S&P500.
The ETF’s YTD performance is 1.14%, the 1 year is -0.19% and the 3 year is 3.89%.
The ETF’s average P/E ratio is 23.38, the price to book is 3.28, the price to sales is 1.5 and the price to cashflow is 10.41. iShares Russell 2000 Growth Index (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Microsemi Corporation for 0.55% of assets, Aspen Technology Inc. for 0.44%, CEPHEID for 0.44%, Fair Isaac Corproation Common S for 0.44%, Take-Two Interactive Software for 0.43%, PAREXEL International Corporati for 0.42%, Maximus Inc. Common Stock for 0.41%, HealthSouth Corporation Common for 0.41%, GrubHub Inc. Common Stock for 0.40%, Ellie Mae Inc. Common Stock for 0.39%. The ETF sector weights are: Basic Materials 7.04%, Consumer Cyclical 14.36%, Financial Services 5.07%, Realestate 5.19%, Consumer Defensive 4.09%, Healthcare 21.79%, Utilities 0.78%, Communication Services 1.47%, Energy 0.98%, Industrials 15.29%, Technology 23.94%. The ETF currently as 0% yield.
More notable recent iShares Russell 2000 Growth Index (ETF) (NYSEARCA:IWO) news were published by: Investorplace.com which released: “iShares Russell 2000 Index (ETF) (IWM) – Beware Small Caps!” on October 25, 2016, also Smallcapnetwork.com with their article: “Going Bullish on Small Cap ETFs” published on November 07, 2016, Marketwatch.com published: “iShares Russell 2000 Growth ETF” on February 11, 2010. More interesting news about iShares Russell 2000 Growth Index (ETF) (NYSEARCA:IWO) were released by: Fool.com and their article: “3 Things to Know About the iShares Russell 2000 ETF” published on August 27, 2015 as well as Benzinga.com‘s news article titled: “Small-Cap Growth ETFs Restore Leadership Role” with publication date: March 19, 2015.
IWO Company Profile
iShares Russell 2000 Growth Index Fund (the Fund) seeks investment returns that correspond generally to the price and yield performance of the Russell 2000 Growth Index (the Index). The Index is a subset of the Russell 2000 Index, and measures the performance of the small-capitalization growth sector of the United States equity market. The Index is a capitalization-weighted index and consists of those companies or portion of a company, with higher price-to-book ratios and higher forecasted growth within the Russell 2000 Index.
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