AdvisorShares Investments LLC Acquires Shares of 52,096 iShares Russell 2000 Growth ETF $IWO

AdvisorShares Investments LLC bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 52,096 shares of the exchange traded fund’s stock, valued at approximately $16,348,000. iShares Russell 2000 Growth ETF comprises 3.0% of AdvisorShares Investments LLC’s holdings, making the stock its 4th biggest position.

Other hedge funds have also recently made changes to their positions in the company. Modus Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at $26,000. Strive Financial Group LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth $26,000. Johnson Financial Group Inc. increased its holdings in iShares Russell 2000 Growth ETF by 500.0% in the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 75 shares during the last quarter. TD Capital Management LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $30,000. Finally, Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $32,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA IWO opened at $386.78 on Friday. The company has a market cap of $15.08 billion, a PE ratio of 21.86 and a beta of 1.18. iShares Russell 2000 Growth ETF has a 52 week low of $280.35 and a 52 week high of $396.69. The firm’s 50-day simple moving average is $374.89 and its two-hundred day simple moving average is $347.66.

About iShares Russell 2000 Growth ETF

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.