Stronghold Wealth Management L.L.C. Acquires Shares of 5,254 iShares Russell 2000 Growth ETF $IWO

Stronghold Wealth Management L.L.C. acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,254 shares of the exchange traded fund’s stock, valued at approximately $1,697,000. iShares Russell 2000 Growth ETF makes up approximately 2.5% of Stronghold Wealth Management L.L.C.’s investment portfolio, making the stock its 6th biggest holding.

A number of other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in shares of 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 worth $1,124,473,000 after acquiring an additional 84,573 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of 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 worth $341,755,000 after acquiring an additional 15,090 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of 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 worth $312,240,000 after acquiring an additional 412,741 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 1.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 921,669 shares of the exchange traded fund’s stock worth $297,708,000 after acquiring an additional 10,522 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell 2000 Growth ETF by 2.4% during 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 acquiring an additional 14,460 shares in the last quarter. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $362.25 on Monday. The business’s 50 day simple moving average is $337.72 and its 200-day simple moving average is $333.93. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 12 month low of $262.24 and a 12 month high of $375.70.

iShares Russell 2000 Growth ETF Company 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.