Summit Wealth Group LLC Co. Buys New Shares in iShares Russell 2000 Growth ETF $IWO

Summit Wealth Group LLC Co. bought a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,449 shares of the exchange traded fund’s stock, valued at approximately $2,083,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at about $26,000. Caitlin John LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at about $31,000. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at about $32,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $32,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at about $36,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $368.58 on Wednesday. The stock’s 50-day simple moving average is $335.74 and its 200 day simple moving average is $333.15. The company has a market cap of $14.26 billion, a P/E ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52-week low of $262.24 and a 52-week high of $375.70.

iShares Russell 2000 Growth ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report).

Institutional Ownership by Quarter for iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Receive News & Ratings for iShares Russell 2000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.