Global Assets Advisory LLC Invests $464,000 in iShares Russell 2000 Growth ETF $IWO

Global Assets Advisory LLC bought a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,479 shares of the exchange traded fund’s stock, valued at approximately $464,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Carnegie Investment Counsel raised its position in shares of iShares Russell 2000 Growth ETF by 0.3% during the fourth quarter. Carnegie Investment Counsel now owns 11,869 shares of the exchange traded fund’s stock valued at $3,834,000 after buying an additional 30 shares during the last quarter. Veery Capital LLC raised its holdings in iShares Russell 2000 Growth ETF by 0.8% in the 4th quarter. Veery Capital LLC now owns 4,051 shares of the exchange traded fund’s stock valued at $1,309,000 after acquiring an additional 31 shares in the last quarter. NBC Securities Inc. raised its holdings in iShares Russell 2000 Growth ETF by 1.0% in the 4th quarter. NBC Securities Inc. now owns 3,510 shares of the exchange traded fund’s stock valued at $1,134,000 after acquiring an additional 34 shares in the last quarter. Roffman Miller Associates Inc. PA lifted its position in shares of iShares Russell 2000 Growth ETF by 2.8% in the 4th quarter. Roffman Miller Associates Inc. PA now owns 1,267 shares of the exchange traded fund’s stock worth $409,000 after acquiring an additional 35 shares during the period. Finally, Clearwave Capital LLC increased its position in shares of iShares Russell 2000 Growth ETF by 5.1% during the first quarter. Clearwave Capital LLC now owns 727 shares of the exchange traded fund’s stock valued at $228,000 after purchasing an additional 35 shares during the period. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Trading Down 1.1%

IWO stock traded down $4.16 during midday trading on Friday, hitting $384.68. The stock had a trading volume of 314,934 shares, compared to its average volume of 490,180. The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18. The stock has a 50-day simple moving average of $378.03 and a 200 day simple moving average of $349.76. iShares Russell 2000 Growth ETF has a 52 week low of $280.35 and a 52 week high of $396.69.

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.