Ritholtz Wealth Management Acquires Shares of 1,218 iShares Russell 2000 Growth ETF $IWO

Ritholtz Wealth Management acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,218 shares of the exchange traded fund’s stock, valued at approximately $348,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWO. Rhumbline Advisers raised its stake in iShares Russell 2000 Growth ETF by 358.6% in the first quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 581 shares during the period. Rodgers & Associates LTD raised its stake in iShares Russell 2000 Growth ETF by 0.6% in the first quarter. Rodgers & Associates LTD now owns 18,041 shares of the exchange traded fund’s stock valued at $4,610,000 after buying an additional 102 shares during the period. Oppenheimer & Co. Inc. raised its stake in iShares Russell 2000 Growth ETF by 19.8% in the first quarter. Oppenheimer & Co. Inc. now owns 19,056 shares of the exchange traded fund’s stock valued at $4,869,000 after buying an additional 3,149 shares during the period. Valmark Advisers Inc. increased its stake in shares of iShares Russell 2000 Growth ETF by 18.5% during the first quarter. Valmark Advisers Inc. now owns 1,058 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 165 shares during the period. Finally, Eagle Strategies LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 6.9% during the first quarter. Eagle Strategies LLC now owns 5,635 shares of the exchange traded fund’s stock worth $1,440,000 after purchasing an additional 366 shares during the period. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 1.9%

Shares of NYSEARCA IWO opened at $330.33 on Tuesday. The firm has a market cap of $13.39 billion, a P/E ratio of 21.86 and a beta of 1.15. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $337.26. The business’s 50 day moving average is $314.81 and its 200-day moving average is $287.12.

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.