iShares Russell 2000 Growth ETF $IWO Shares Bought by Geneva Capital Management LLC

Geneva Capital Management LLC grew its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 21.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,150 shares of the exchange traded fund’s stock after purchasing an additional 15,473 shares during the period. Geneva Capital Management LLC owned about 0.22% of iShares Russell 2000 Growth ETF worth $33,940,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quent Long Short Global Small Cap Fund LP acquired a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth about $9,924,000. One Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at about $696,000. Summit Creek Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at about $4,600,000. Stronghold Wealth Management L.L.C. purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at about $1,697,000. Finally, M3 Wealth Management LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at about $537,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 0.8%

NYSEARCA IWO opened at $395.65 on Friday. The stock has a market capitalization of $15.27 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The stock has a 50-day moving average of $382.66 and a 200 day moving average of $357.13. iShares Russell 2000 Growth ETF has a twelve month low of $292.31 and a twelve month 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.