Fortitude Family Office LLC Buys New Position in iShares Russell 2000 Growth ETF $IWO

Fortitude Family Office LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the third quarter, HoldingsChannel reports. The institutional investor purchased 3,350 shares of the exchange traded fund’s stock, valued at approximately $1,072,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of iShares Russell 2000 Growth ETF by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock worth $1,124,473,000 after acquiring an additional 84,573 shares during the last quarter. Barings LLC lifted its stake in iShares Russell 2000 Growth ETF by 2.9% during the second quarter. Barings LLC now owns 1,670,950 shares of the exchange traded fund’s stock worth $476,237,000 after purchasing an additional 47,100 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 1.4% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 901,004 shares of the exchange traded fund’s stock worth $257,561,000 after purchasing an additional 12,754 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of iShares Russell 2000 Growth ETF by 3.6% during the 2nd quarter. D.A. Davidson & CO. now owns 512,122 shares of the exchange traded fund’s stock valued at $146,395,000 after purchasing an additional 17,568 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of iShares Russell 2000 Growth ETF by 4.5% during the 1st quarter. Royal Bank of Canada now owns 377,626 shares of the exchange traded fund’s stock valued at $96,494,000 after buying an additional 16,329 shares in the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $328.44 on Tuesday. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $339.82. The business has a 50 day moving average of $325.15 and a 200 day moving average of $310.49. The company has a market capitalization of $13.19 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17.

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.