The iShares Russell 2000 Growth ETF (IWO) experienced a significant outflow of approximately $96.9 million, marking a 0.7% decrease in shares outstanding, from 41,050,000 to 40,750,000. This change was reported this week and indicates a notable trend in investor behavior among ETFs.
Key underlying components of IWO, including Ionq Inc (IONQ), Kratos Defense & Security Solutions, Inc. (KTOS), and Guardant Health Inc (GH), saw declines of about 2%, 0.7%, and 1%, respectively. IWO’s 52-week trading range shows a low of $219.19 and a high of $339.82, with the last trade at $323.35.
This week’s outflow is part of a broader analysis of ETF movements, highlighting shifts in investor demand that could impact the performance of individual underlying stocks.
