Nicholas Investment Partners LP Takes Position in iShares Russell 2000 Growth ETF $IWO

Nicholas Investment Partners LP acquired a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,261 shares of the exchange traded fund’s stock, valued at approximately $5,575,000.

Other hedge funds have also made changes to their positions in the company. Modus Advisors LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at about $26,000. Johnson Financial Group Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF by 500.0% during the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 75 shares during the last quarter. Caitlin John LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $31,000. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $32,000. Finally, Ransom Advisory Ltd acquired a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $380.39 on Friday. The firm has a market cap of $14.72 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The business’s 50-day simple moving average is $360.04 and its 200-day simple moving average is $341.37. iShares Russell 2000 Growth ETF has a 52 week low of $272.16 and a 52 week high of $384.63.

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.