Tobias Financial Advisors Inc. Has $13.70 Million Stock Position in iShares Russell 2000 Growth ETF $IWO

Tobias Financial Advisors Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 10.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 42,815 shares of the exchange traded fund’s stock after acquiring an additional 3,962 shares during the quarter. iShares Russell 2000 Growth ETF makes up 2.1% of Tobias Financial Advisors Inc.’s portfolio, making the stock its 15th biggest position. Tobias Financial Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $13,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth about $27,000. Ashton Thomas Securities LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $36,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $32,000. Retirement Wealth Solutions LLC acquired a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at approximately $37,000. Finally, CoreCap Advisors LLC increased its stake in iShares Russell 2000 Growth ETF by 594.1% during the 3rd quarter. CoreCap Advisors LLC now owns 118 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 101 shares in the last quarter. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $346.11 on Wednesday. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $355.34. The company’s 50 day moving average price is $332.50 and its two-hundred day moving average price is $318.88. The company has a market capitalization of $13.81 billion, a P/E ratio of 21.86 and a beta of 1.17.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.