Janney Montgomery Scott LLC Raises Holdings in iShares Russell 2000 Growth ETF $IWO

Janney Montgomery Scott LLC increased its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 16.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,684 shares of the exchange traded fund’s stock after acquiring an additional 1,631 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell 2000 Growth ETF were worth $4,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Strive Financial Group LLC bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at approximately $26,000. Modus Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at approximately $26,000. Johnson Financial Group Inc. grew its holdings in shares of 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 worth $29,000 after purchasing an additional 75 shares during the last quarter. TD Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth approximately $30,000. Finally, Ascentis Independent Advisors purchased a new position in shares of iShares Russell 2000 Growth ETF in the first quarter worth $32,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Up 0.8%

Shares of NYSEARCA IWO opened at $395.65 on Friday. The firm’s fifty day moving average is $382.66 and its 200 day moving average is $357.13. iShares Russell 2000 Growth ETF has a 52 week low of $292.31 and a 52 week high of $396.69. The company has a market cap of $15.27 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19.

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.