Strategic Equity Management Buys New Stake in iShares Russell 2000 Growth ETF $IWO

Strategic Equity Management bought a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 41,177 shares of the exchange traded fund’s stock, valued at approximately $13,300,000. iShares Russell 2000 Growth ETF comprises 4.5% of Strategic Equity Management’s investment portfolio, making the stock its 8th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWO. Cloud Capital Management LLC bought a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at about $26,000. Caitlin John LLC bought a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at about $31,000. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at about $32,000. Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $32,000. Finally, Dunhill Financial LLC increased its stake in iShares Russell 2000 Growth ETF by 362.5% in the fourth quarter. Dunhill Financial LLC now owns 148 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 116 shares during the period. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 2.0%

NYSEARCA IWO opened at $379.69 on Wednesday. The stock has a market cap of $14.69 billion, a P/E ratio of 21.86 and a beta of 1.19. The company’s 50-day simple moving average is $343.93 and its 200 day simple moving average is $335.83. iShares Russell 2000 Growth ETF has a twelve month low of $266.77 and a twelve month high of $380.25.

iShares Russell 2000 Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report).

Institutional Ownership by Quarter for iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

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