Droms Strauss Advisors Inc. MO ADV Acquires 1,658 Shares of iShares Russell 2000 Growth ETF $IWO

Droms Strauss Advisors Inc. MO ADV increased its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,531 shares of the exchange traded fund’s stock after purchasing an additional 1,658 shares during the quarter. iShares Russell 2000 Growth ETF makes up approximately 5.6% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 6th biggest position. Droms Strauss Advisors Inc. MO ADV owned approximately 0.18% of iShares Russell 2000 Growth ETF worth $21,506,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Modus Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth approximately $26,000. Strive Financial Group LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at $26,000. Johnson Financial Group Inc. grew its position in shares of 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 valued at $29,000 after buying an additional 75 shares during the last quarter. TD Capital Management LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at $30,000. Finally, Ransom Advisory Ltd acquired a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth $32,000. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO opened at $384.68 on Friday. iShares Russell 2000 Growth ETF has a 1-year low of $280.35 and a 1-year high of $396.69. The stock has a market cap of $15.02 billion, a PE ratio of 21.86 and a beta of 1.18. The firm has a fifty day moving average price of $378.03 and a 200 day moving average price of $349.76.

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.