Salus Financial Advisors LLC Makes New $217,000 Investment in iShares Russell 2000 Growth ETF $IWO

Salus Financial Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 759 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Other institutional investors have also recently bought and sold shares of the company. Rhumbline Advisers raised its holdings in shares of iShares Russell 2000 Growth ETF by 358.6% in the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 581 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 170.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 16,605 shares of the exchange traded fund’s stock worth $4,243,000 after purchasing an additional 10,457 shares during the last quarter. Hillcrest Wealth Advisors NY LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 6.4% in the first quarter. Hillcrest Wealth Advisors NY LLC now owns 40,105 shares of the exchange traded fund’s stock valued at $10,248,000 after purchasing an additional 2,400 shares in the last quarter. Center for Financial Planning Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 26.3% during the first quarter. Center for Financial Planning Inc. now owns 681 shares of the exchange traded fund’s stock valued at $174,000 after buying an additional 142 shares during the last quarter. Finally, Tassel Capital Management Inc. grew its holdings in iShares Russell 2000 Growth ETF by 8.9% during the first quarter. Tassel Capital Management Inc. now owns 1,632 shares of the exchange traded fund’s stock worth $417,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Down 1.2%

NYSEARCA IWO opened at $324.03 on Monday. The business has a fifty day simple moving average of $314.04 and a 200 day simple moving average of $286.43. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $337.26. The firm has a market capitalization of $13.14 billion, a P/E ratio of 21.86 and a beta of 1.15.

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.