iShares Russell 2000 Growth ETF $IWO Shares Newly Bought by Strategic Equity Management

Strategic Equity Management purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,274 shares of the exchange traded fund’s stock, valued at approximately $5,808,000. iShares Russell 2000 Growth ETF accounts for about 5.0% of Strategic Equity Management’s portfolio, making the stock its 8th largest position.

Several other large investors have also recently made changes to their positions in the stock. Latitude Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $28,000. Ascentis Independent Advisors purchased a new stake in iShares Russell 2000 Growth ETF in the first quarter valued at approximately $32,000. Arlington Trust Co LLC purchased a new stake in iShares Russell 2000 Growth ETF in the second quarter valued at approximately $44,000. MADDEN SECURITIES Corp acquired a new position in iShares Russell 2000 Growth ETF during the third quarter worth $59,000. Finally, MCF Advisors LLC lifted its stake in iShares Russell 2000 Growth ETF by 45.3% during the second quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 62 shares in the last quarter. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Up 3.9%

IWO opened at $357.32 on Tuesday. iShares Russell 2000 Growth ETF has a 52 week low of $299.64 and a 52 week high of $396.69. The business has a fifty day simple moving average of $358.03 and a 200-day simple moving average of $358.66. The firm has a market cap of $14.19 billion, a P/E ratio of 22.48 and a beta of 1.23.

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.