LPL Financial LLC Buys 20,029 Shares of iShares Russell 2000 Growth ETF $IWO

LPL Financial LLC grew its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 572,694 shares of the exchange traded fund’s stock after acquiring an additional 20,029 shares during the quarter. LPL Financial LLC owned about 1.44% of iShares Russell 2000 Growth ETF worth $184,986,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Modus Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $26,000. Caitlin John LLC bought a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $31,000. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $32,000. Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $32,000. Finally, ESL Trust Services LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $36,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA IWO opened at $370.61 on Wednesday. iShares Russell 2000 Growth ETF has a one year low of $272.16 and a one year high of $384.50. The stock has a 50-day moving average of $356.19 and a 200 day moving average of $340.15. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19.

iShares Russell 2000 Growth ETF 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.