Wescott Financial Advisory Group LLC Grows Holdings in iShares Russell 2000 Growth ETF $IWO

Wescott Financial Advisory Group LLC increased its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 9.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,324 shares of the exchange traded fund’s stock after acquiring an additional 291 shares during the quarter. Wescott Financial Advisory Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $849,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWO. Russell Investments Group Ltd. increased its holdings in iShares Russell 2000 Growth ETF by 10.1% in the 4th quarter. Russell Investments Group Ltd. now owns 1,001 shares of the exchange traded fund’s stock worth $288,000 after acquiring an additional 92 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $230,000. Stifel Financial Corp increased its holdings in iShares Russell 2000 Growth ETF by 3.7% in the 4th quarter. Stifel Financial Corp now owns 74,754 shares of the exchange traded fund’s stock worth $21,522,000 after acquiring an additional 2,674 shares in the last quarter. Hsbc Holdings PLC increased its holdings in iShares Russell 2000 Growth ETF by 5.9% in the 4th quarter. Hsbc Holdings PLC now owns 32,776 shares of the exchange traded fund’s stock worth $9,434,000 after acquiring an additional 1,813 shares in the last quarter. Finally, MGO One Seven LLC increased its holdings in iShares Russell 2000 Growth ETF by 14.3% in the 4th quarter. MGO One Seven LLC now owns 4,900 shares of the exchange traded fund’s stock worth $1,410,000 after acquiring an additional 613 shares in the last quarter. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Up 0.5%

iShares Russell 2000 Growth ETF stock opened at $297.12 on Friday. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $317.62. The firm has a 50 day moving average of $289.72 and a 200 day moving average of $274.13. The firm has a market capitalization of $11.99 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15.

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.