Legacy Edge Advisors LLC Invests $2.52 Million in iShares Russell 2000 Growth ETF $IWO

Legacy Edge Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,788 shares of the exchange traded fund’s stock, valued at approximately $2,516,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWO. AQR Capital Management LLC lifted its position in iShares Russell 2000 Growth ETF by 20.0% during the first quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after purchasing an additional 1,918 shares in the last quarter. Rhumbline Advisers increased its position in iShares Russell 2000 Growth ETF by 358.6% in the first quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 581 shares in the last quarter. State Street Corp bought a new position in shares of iShares Russell 2000 Growth ETF in the second quarter worth about $84,862,000. Sei Investments Co. lifted its position in shares of iShares Russell 2000 Growth ETF by 8.7% during the 2nd quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock valued at $52,093,000 after buying an additional 14,563 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $62,237,000. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Up 0.7%

IWO stock opened at $362.46 on Friday. iShares Russell 2000 Growth ETF has a twelve month low of $255.09 and a twelve month high of $363.13. The stock has a market cap of $14.03 billion, a P/E ratio of 21.86 and a beta of 1.19. The business’s 50-day moving average price is $331.80 and its 200-day moving average price is $331.37.

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.