Investment Partners LTD. Raises Holdings in iShares Russell 2000 Growth ETF $IWO

Investment Partners LTD. boosted its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,701 shares of the exchange traded fund’s stock after buying an additional 300 shares during the period. Investment Partners LTD.’s holdings in iShares Russell 2000 Growth ETF were worth $2,487,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. WPG Advisers LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter worth about $25,000. First Command Advisory Services Inc. purchased a new position in iShares Russell 2000 Growth ETF in the second quarter worth about $27,000. Harbor Asset Planning Inc. bought a new stake in iShares Russell 2000 Growth ETF during the second quarter worth approximately $32,000. Dagco Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the first quarter valued at approximately $38,000. Finally, Wealth Preservation Advisors LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at approximately $55,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $319.47 on Thursday. The firm has a market capitalization of $12.83 billion, a PE ratio of 21.86 and a beta of 1.17. The stock’s fifty day moving average is $322.73 and its 200 day moving average is $297.44. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $337.26.

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.