Opal Capital LLC Takes $571,000 Position in iShares Russell 2000 Growth ETF $IWO

Opal Capital LLC bought a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,767 shares of the exchange traded fund’s stock, valued at approximately $571,000.

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

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO opened at $381.41 on Wednesday. The business’s 50-day simple moving average is $362.66 and its 200 day simple moving average is $342.39. The company has a market cap of $14.76 billion, a P/E ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a one year low of $272.16 and a one year high of $389.21.

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.