Connable Office Inc. Invests $1.62 Million in iShares Russell 2000 Growth ETF $IWO

Connable Office Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 5,051 shares of the exchange traded fund’s stock, valued at approximately $1,617,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWO. AQR Capital Management LLC raised its stake in shares of iShares Russell 2000 Growth ETF by 20.0% in the first quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after acquiring an additional 1,918 shares during the period. Rhumbline Advisers lifted its stake in iShares Russell 2000 Growth ETF by 358.6% in the first quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 581 shares during the last quarter. Apollon Wealth Management LLC lifted its stake in iShares Russell 2000 Growth ETF by 1.3% in the second quarter. Apollon Wealth Management LLC now owns 3,603 shares of the exchange traded fund’s stock worth $1,030,000 after purchasing an additional 46 shares during the last quarter. NorthRock Partners LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 24.9% during the second quarter. NorthRock Partners LLC now owns 3,040 shares of the exchange traded fund’s stock valued at $869,000 after buying an additional 607 shares during the period. Finally, RFG Advisory LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the second quarter valued at approximately $221,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $339.07 on Thursday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34. The company has a market cap of $13.44 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. The business’s 50 day moving average price is $336.76 and its 200-day moving average price is $322.25.

iShares Russell 2000 Growth ETF 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.