Shakespeare Wealth Management LLC Has $1.56 Million Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Shakespeare Wealth Management LLC trimmed its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 6.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,406 shares of the exchange traded fund’s stock after selling 388 shares during the quarter. iShares Russell 2000 Growth ETF accounts for approximately 0.4% of Shakespeare Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding. Shakespeare Wealth Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CHURCHILL MANAGEMENT Corp lifted its stake in shares of iShares Russell 2000 Growth ETF by 1,423.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock valued at $209,918,000 after purchasing an additional 681,480 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth approximately $159,353,000. Wealthfront Advisers LLC raised its holdings in iShares Russell 2000 Growth ETF by 4,483.2% during the 4th quarter. Wealthfront Advisers LLC now owns 492,787 shares of the exchange traded fund’s stock worth $141,834,000 after buying an additional 482,035 shares during the period. FMR LLC lifted its stake in iShares Russell 2000 Growth ETF by 134.5% in the fourth quarter. FMR LLC now owns 664,816 shares of the exchange traded fund’s stock valued at $191,347,000 after buying an additional 381,261 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 22,494.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 349,989 shares of the exchange traded fund’s stock valued at $100,734,000 after buying an additional 348,440 shares during the period.

iShares Russell 2000 Growth ETF Stock Down 4.7 %

Shares of NYSEARCA:IWO opened at $232.32 on Monday. The company’s fifty day simple moving average is $276.32 and its 200 day simple moving average is $288.03. iShares Russell 2000 Growth ETF has a 12 month low of $226.22 and a 12 month high of $317.62. The firm has a market cap of $9.75 billion, a price-to-earnings ratio of 20.50 and a beta of 1.21.

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.