Independent Financial Group LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Free Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 2,965 shares of the exchange traded fund’s stock, valued at approximately $930,000.
Several other hedge funds have also recently modified their holdings of the business. Modus Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at $26,000. Strive Financial Group LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at $26,000. Johnson Financial Group Inc. raised its position in shares of iShares Russell 2000 Growth ETF by 500.0% in the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 75 shares in the last quarter. TD Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth $30,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 1st quarter worth $32,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.
iShares Russell 2000 Growth ETF Price Performance
IWO opened at $374.09 on Tuesday. The firm has a market capitalization of $14.61 billion, a PE ratio of 21.86 and a beta of 1.18. The business’s 50-day moving average is $379.25 and its two-hundred day moving average is $351.89. iShares Russell 2000 Growth ETF has a 1 year low of $280.35 and a 1 year high of $396.69.
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.
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