Maloon Powers Pitre Higgins & Dennehy LLC Takes $550,000 Position in iShares Russell 2000 Growth ETF $IWO

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,397 shares of the exchange traded fund’s stock, valued at approximately $550,000.

Other large investors have also recently bought and sold shares of the company. Strive Financial Group LLC purchased a new position in iShares Russell 2000 Growth ETF during the 4th quarter worth $26,000. Modus Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at about $26,000. Johnson Financial Group Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 500.0% in the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 75 shares during the last quarter. TD Capital Management LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth about $30,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter worth about $32,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 0.1%

NYSEARCA IWO opened at $377.54 on Friday. The firm has a market cap of $14.57 billion, a P/E ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52-week low of $299.64 and a 52-week high of $396.69. The business’s 50-day moving average price is $382.68 and its 200 day moving average price is $361.75.

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.