IWO Stock Summary and Trading Ideas (iShares Russell 2000 Growth ETF | ARCA:IWO)

The iShares Russell 2000 Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses the small capitalization growth sector of the U.S. equity market as represented by the Russell 2000 Growth Index. The index represents approximately 50% of the Russell 2000 Index.

iShares Russell 2000 Growth ETF trades on the ARCA stock market under the symbol IWO.

As of April 18, 2024, IWO stock price declined to $246.94 with 361,443 million shares trading.

IWO has a beta of 1.27, meaning it tends to be more sensitive to market movements. IWO has a correlation of 0.63 to the broad based SPY ETF.

IWO has a market cap of $10.56 billion. This is considered a Large Cap stock.

In the last 3 years, IWO stock traded as high as $329.88 and as low as $192.88.

IWO has underperformed the market in the last year with a price return of +8.9% while the SPY ETF gained +22.3%. IWO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.2% and -6.8%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

IWO support price is $244.57 and resistance is $251.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWO stock will trade within this expected range on the day.