iShares Russell 2000 Growth ETF $IWO Shares Acquired by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV increased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,531 shares of the exchange traded fund’s stock after acquiring an additional 1,658 shares during the quarter. iShares Russell 2000 Growth ETF makes up about 5.6% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 6th biggest position. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares Russell 2000 Growth ETF were worth $21,506,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWO. Modus Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth $26,000. Strive Financial Group LLC acquired a new position in iShares Russell 2000 Growth ETF in the fourth quarter valued at $26,000. Johnson Financial Group Inc. increased its stake in iShares Russell 2000 Growth ETF by 500.0% in the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 75 shares during the period. TD Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $30,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $384.68 on Friday. iShares Russell 2000 Growth ETF has a fifty-two week low of $280.35 and a fifty-two week high of $396.69. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18. The firm has a 50-day simple moving average of $378.03 and a 200-day simple moving average of $349.76.

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.