Global Retirement Partners LLC Grows Position in iShares Russell 2000 Growth ETF $IWO

Global Retirement Partners LLC lifted its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 711.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,888 shares of the exchange traded fund’s stock after purchasing an additional 7,793 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,871,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWO. AQR Capital Management LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 20.0% in the 1st quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock worth $2,937,000 after purchasing an additional 1,918 shares during the period. Rhumbline Advisers boosted its holdings in shares of iShares Russell 2000 Growth ETF by 358.6% in the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 581 shares during the period. State Street Corp purchased a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter worth approximately $84,862,000. Sei Investments Co. boosted its holdings in shares of iShares Russell 2000 Growth ETF by 8.7% in the 2nd quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock worth $52,093,000 after purchasing an additional 14,563 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter worth approximately $62,237,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $372.34 on Friday. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The stock has a 50 day moving average price of $341.52 and a 200-day moving average price of $335.05. iShares Russell 2000 Growth ETF has a one year low of $262.24 and a one year high of $375.70.

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.