16,274 Shares of iShares Russell 2000 Growth ETF $IWO Purchased by Strategic Equity Management

Strategic Equity Management acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,274 shares of the exchange traded fund’s stock, valued at approximately $5,808,000. iShares Russell 2000 Growth ETF accounts for about 5.0% of Strategic Equity Management’s investment portfolio, making the stock its 8th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in IWO. Latitude Advisors LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the third quarter valued at approximately $28,000. Ascentis Independent Advisors acquired a new stake in iShares Russell 2000 Growth ETF during the 1st quarter worth approximately $32,000. Arlington Trust Co LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 2nd quarter worth approximately $44,000. MADDEN SECURITIES Corp acquired a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $59,000. Finally, MCF Advisors LLC boosted its position in iShares Russell 2000 Growth ETF by 45.3% in the 2nd quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock valued at $78,000 after buying an additional 62 shares during the period. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 3.9%

Shares of IWO stock opened at $357.32 on Tuesday. The firm has a 50 day moving average of $358.03 and a two-hundred day moving average of $358.66. The stock has a market capitalization of $14.19 billion, a PE ratio of 22.48 and a beta of 1.23. iShares Russell 2000 Growth ETF has a 52 week low of $299.64 and a 52 week high of $396.69.

iShares Russell 2000 Growth ETF Company 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.