MidFirst Bank Takes Position in iShares Russell 2000 Growth ETF $IWO

MidFirst Bank acquired a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, Holdings Channel reports. The firm acquired 23,053 shares of the exchange traded fund’s stock, valued at approximately $7,446,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWO. Clear Retirement Advice LLC bought a new position in iShares Russell 2000 Growth ETF during the fourth quarter valued at approximately $236,000. MV Capital Management Inc. purchased a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $2,946,000. McLaughlin Asset Management Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at about $337,000. Compound Planning Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 63.0% during the fourth quarter. Compound Planning Inc. now owns 4,243 shares of the exchange traded fund’s stock valued at $1,371,000 after acquiring an additional 1,640 shares during the last quarter. Finally, Corient Private Wealth LLC increased its holdings in iShares Russell 2000 Growth ETF by 26.2% during the 4th quarter. Corient Private Wealth LLC now owns 259,587 shares of the exchange traded fund’s stock valued at $83,898,000 after purchasing an additional 53,910 shares during the period. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $389.04 on Friday. The business has a 50 day simple moving average of $365.24 and a two-hundred day simple moving average of $343.20. The firm has a market capitalization of $15.06 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 $272.16 and a one year high of $389.84.

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.