Riverbridge Partners LLC Purchases 2,575 Shares of iShares Russell 2000 Growth ETF $IWO

Riverbridge Partners LLC increased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 38.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,326 shares of the exchange traded fund’s stock after buying an additional 2,575 shares during the quarter. Riverbridge Partners LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,985,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. WPG Advisers LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the 1st quarter worth approximately $25,000. First Command Advisory Services Inc. bought a new stake in iShares Russell 2000 Growth ETF in the second quarter valued at $27,000. Harbor Asset Planning Inc. acquired a new position in iShares Russell 2000 Growth ETF during the second quarter worth $32,000. Howe & Rusling Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the second quarter valued at $36,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at $37,000. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Up 1.6%

Shares of iShares Russell 2000 Growth ETF stock opened at $329.61 on Monday. The stock has a market capitalization of $13.23 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $339.82. The company has a 50-day simple moving average of $324.81 and a 200 day simple moving average of $308.32.

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.