Summit Financial LLC Boosts Stock Position in iShares Russell 2000 Growth ETF $IWO

Summit Financial LLC raised its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 17.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,590 shares of the exchange traded fund’s stock after purchasing an additional 6,158 shares during the quarter. Summit Financial LLC owned 0.10% of iShares Russell 2000 Growth ETF worth $13,111,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IWO. Carnegie Investment Counsel increased its stake in 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 worth $3,834,000 after acquiring an additional 30 shares during the last quarter. Strategies Wealth Advisors LLC increased its stake in iShares Russell 2000 Growth ETF by 1.2% during the third quarter. Strategies Wealth Advisors LLC now owns 2,517 shares of the exchange traded fund’s stock worth $805,000 after acquiring an additional 31 shares during the last quarter. Veery Capital LLC increased its stake in iShares Russell 2000 Growth ETF by 0.8% during the fourth quarter. Veery Capital LLC now owns 4,051 shares of the exchange traded fund’s stock worth $1,309,000 after acquiring an additional 31 shares during the last quarter. NBC Securities Inc. increased its stake in iShares Russell 2000 Growth ETF by 1.0% during the fourth quarter. NBC Securities Inc. now owns 3,510 shares of the exchange traded fund’s stock worth $1,134,000 after acquiring an additional 34 shares during the last quarter. Finally, Roffman Miller Associates Inc. PA increased its stake in iShares Russell 2000 Growth ETF by 2.8% during the fourth 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 last quarter. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 0.7%

IWO stock opened at $380.39 on Friday. The business has a fifty day moving average of $360.04 and a two-hundred day moving average of $341.37. The stock has a market cap of $14.72 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52-week low of $272.16 and a 52-week high of $384.63.

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.