Summa Corp. Acquires 7,283 Shares of iShares Russell 2000 Growth ETF $IWO

Summa Corp. boosted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 459.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,868 shares of the exchange traded fund’s stock after acquiring an additional 7,283 shares during the period. iShares Russell 2000 Growth ETF makes up approximately 0.6% of Summa Corp.’s investment portfolio, making the stock its 20th largest holding. Summa Corp.’s holdings in iShares Russell 2000 Growth ETF were worth $3,165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Latitude Advisors LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter worth about $28,000. Ascentis Independent Advisors acquired a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter worth about $32,000. Arlington Trust Co LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $44,000. MADDEN SECURITIES Corp bought a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $59,000. Finally, MCF Advisors LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 45.3% during the 2nd quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 62 shares in the last quarter. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $352.27 on Wednesday. The stock has a 50 day simple moving average of $360.86 and a 200 day simple moving average of $358.66. iShares Russell 2000 Growth ETF has a 52-week low of $299.64 and a 52-week high of $396.69. The firm has a market capitalization of $14.00 billion, a PE ratio of 22.48 and a beta of 1.23.

iShares Russell 2000 Growth ETF Profile

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.