D.A. Davidson & CO. Boosts Stock Position in iShares Russell 2000 Growth ETF $IWO

D.A. Davidson & CO. increased its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 521,555 shares of the exchange traded fund’s stock after buying an additional 9,433 shares during the quarter. iShares Russell 2000 Growth ETF comprises 1.1% of D.A. Davidson & CO.’s holdings, making the stock its 16th largest position. D.A. Davidson & CO. owned 1.29% of iShares Russell 2000 Growth ETF worth $166,919,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ellis Investment Partners LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth $219,000. Motco purchased a new position in iShares Russell 2000 Growth ETF in the third quarter worth approximately $152,000. Centennial Wealth Advisory LLC grew its holdings in shares of iShares Russell 2000 Growth ETF by 4.0% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 1,468 shares of the exchange traded fund’s stock worth $470,000 after purchasing an additional 56 shares during the period. Penobscot Investment Management Company Inc. purchased a new position in iShares Russell 2000 Growth ETF during the third quarter worth about $420,000. Finally, Global Retirement Partners LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 11.5% during the 3rd quarter. Global Retirement Partners LLC now owns 1,095 shares of the exchange traded fund’s stock worth $350,000 after purchasing an additional 113 shares during the period. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 1.3%

Shares of NYSEARCA IWO opened at $327.12 on Monday. The business’s 50 day moving average is $324.93 and its two-hundred day moving average is $311.85. iShares Russell 2000 Growth ETF has a 52-week low of $219.19 and a 52-week high of $339.82. The firm has a market cap of $13.33 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17.

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.