Elm Partners Management LLC Buys New Holdings in iShares Russell 2000 Growth ETF $IWO

Elm Partners Management LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,738 shares of the exchange traded fund’s stock, valued at approximately $556,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 11.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 730 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 77 shares in the last quarter. Droms Strauss Advisors Inc. MO ADV raised its holdings in iShares Russell 2000 Growth ETF by 8.8% during the third quarter. Droms Strauss Advisors Inc. MO ADV now owns 67,231 shares of the exchange traded fund’s stock worth $21,517,000 after buying an additional 5,449 shares during the last quarter. Transcendent Capital Group LLC acquired a new position in iShares Russell 2000 Growth ETF during the third quarter worth $1,819,000. Callan Family Office LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the third quarter valued at about $231,000. Finally, Heritage Investors Management Corp increased its position in shares of iShares Russell 2000 Growth ETF by 4.6% during the third quarter. Heritage Investors Management Corp now owns 2,821 shares of the exchange traded fund’s stock worth $903,000 after acquiring an additional 125 shares in the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $339.46 on Tuesday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34. The firm has a market capitalization of $13.60 billion, a PE ratio of 21.86 and a beta of 1.17. The company’s 50-day moving average is $335.10 and its 200 day moving average is $320.28.

iShares Russell 2000 Growth ETF Company 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.