HighTower Advisors LLC Acquires 4,090 Shares of iShares Russell 2000 Growth ETF $IWO

HighTower Advisors LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.9% during the 4th quarter, Holdings Channel reports. The fund owned 72,883 shares of the exchange traded fund’s stock after buying an additional 4,090 shares during the period. HighTower Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $23,542,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWO. Cloud Capital Management LLC bought a new position in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $26,000. Caitlin John LLC bought a new position in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $31,000. Reyes Financial Architecture Inc. bought a new position in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $32,000. Ransom Advisory Ltd bought a new stake in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at about $32,000. Finally, Dunhill Financial LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 362.5% in the 4th quarter. Dunhill Financial LLC now owns 148 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 116 shares in the last quarter. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $372.34 on Friday. iShares Russell 2000 Growth ETF has a fifty-two week low of $262.24 and a fifty-two week high of $375.70. The stock has a market capitalization of $14.41 billion, a P/E ratio of 21.86 and a beta of 1.19. The company’s 50-day simple moving average is $341.52 and its 200-day simple moving average is $335.05.

iShares Russell 2000 Growth ETF Company Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.