Farther Finance Advisors LLC Purchases 2,292 Shares of iShares Russell 2000 Growth ETF $IWO

Farther Finance Advisors LLC increased its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 286.1% during the third quarter, HoldingsChannel reports. The fund owned 3,093 shares of the exchange traded fund’s stock after buying an additional 2,292 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $990,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IWO. WPG Advisers LLC bought a new position in iShares Russell 2000 Growth ETF in the first quarter valued at about $25,000. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $32,000. Howe & Rusling Inc. bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $36,000. Finally, Retirement Wealth Solutions LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $331.06 on Monday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $339.82. The firm has a market capitalization of $13.29 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. The company’s 50 day moving average price is $325.19 and its two-hundred day moving average price is $310.15.

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.