Nicholas Investment Partners LP Buys Shares of 17,261 iShares Russell 2000 Growth ETF $IWO

Nicholas Investment Partners LP bought a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, Holdings Channel.com reports. The fund bought 17,261 shares of the exchange traded fund’s stock, valued at approximately $5,575,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Carnegie Investment Counsel grew its holdings in iShares Russell 2000 Growth ETF by 0.3% in the 4th quarter. Carnegie Investment Counsel now owns 11,869 shares of the exchange traded fund’s stock valued at $3,834,000 after buying an additional 30 shares during the last quarter. Strategies Wealth Advisors LLC grew its holdings in iShares Russell 2000 Growth ETF by 1.2% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 2,517 shares of the exchange traded fund’s stock valued at $805,000 after buying an additional 31 shares during the last quarter. Veery Capital LLC grew its holdings in iShares Russell 2000 Growth ETF by 0.8% in the 4th quarter. Veery Capital LLC now owns 4,051 shares of the exchange traded fund’s stock valued at $1,309,000 after buying an additional 31 shares during the last quarter. NBC Securities Inc. grew its holdings in iShares Russell 2000 Growth ETF by 1.0% in the 4th quarter. NBC Securities Inc. now owns 3,510 shares of the exchange traded fund’s stock valued at $1,134,000 after buying an additional 34 shares during the last quarter. Finally, Roffman Miller Associates Inc. PA grew its holdings in iShares Russell 2000 Growth ETF by 2.8% in the 4th quarter. Roffman Miller Associates Inc. PA now owns 1,267 shares of the exchange traded fund’s stock valued at $409,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 0.7%

IWO opened at $380.39 on Friday. The firm has a market capitalization of $14.72 billion, a P/E ratio of 21.86 and a beta of 1.19. The stock’s 50 day moving average price is $360.04 and its two-hundred day moving average price is $341.37. iShares Russell 2000 Growth ETF has a 12-month low of $272.16 and a 12-month high of $384.63.

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.