Oppenheimer Asset Management Inc. Buys Shares of 11,254 iShares Russell 2000 Growth ETF $IWO

Oppenheimer Asset Management Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,254 shares of the exchange traded fund’s stock, valued at approximately $3,635,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in iShares Russell 2000 Growth ETF by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after buying an additional 84,573 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Russell 2000 Growth ETF by 1.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock valued at $341,755,000 after buying an additional 15,090 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell 2000 Growth ETF by 73.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after buying an additional 412,741 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 1.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock worth $291,603,000 after purchasing an additional 10,143 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 2000 Growth ETF by 2.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock worth $198,900,000 after purchasing an additional 14,460 shares in the last quarter. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $362.46 on Monday. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a one year low of $255.09 and a one year high of $363.13. The business has a fifty day moving average price of $331.80 and a 200-day moving average price of $331.38.

About iShares Russell 2000 Growth ETF

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.