iShares Russell 2000 Growth ETF $IWO Shares Purchased by Congress Asset Management Co.

Congress Asset Management Co. raised its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4,991.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 76,264 shares of the exchange traded fund’s stock after acquiring an additional 74,766 shares during the period. Congress Asset Management Co.’s holdings in iShares Russell 2000 Growth ETF were worth $24,634,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth about $26,000. Caitlin John LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth approximately $31,000. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at $32,000. Ransom Advisory Ltd acquired a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at $32,000. Finally, Ashton Thomas Securities LLC purchased a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at $36,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Trading Up 0.2%

IWO opened at $317.06 on Wednesday. iShares Russell 2000 Growth ETF has a twelve month low of $219.19 and a twelve month high of $355.34. The firm has a market capitalization of $12.57 billion, a PE ratio of 21.86 and a beta of 1.17. The firm’s 50-day moving average price is $334.28 and its 200 day moving average price is $328.24.

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.