iShares Russell 2000 Growth ETF $IWO Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 57,600 shares of the exchange traded fund’s stock, valued at approximately $20,557,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Latitude Advisors LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the third quarter worth about $28,000. Ascentis Independent Advisors bought a new stake in shares of iShares Russell 2000 Growth ETF during the 1st quarter valued at approximately $32,000. Arlington Trust Co LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at approximately $44,000. MADDEN SECURITIES Corp bought a new stake in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $59,000. Finally, MCF Advisors LLC increased its position in iShares Russell 2000 Growth ETF by 45.3% during the 2nd quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 62 shares in the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $348.80 on Tuesday. The company has a market cap of $13.83 billion, a price-to-earnings ratio of 21.86 and a beta of 1.21. The firm has a 50 day simple moving average of $361.48 and a 200 day simple moving average of $358.63. iShares Russell 2000 Growth ETF has a one year low of $299.64 and a one year high of $396.69.

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.