NewEdge Wealth LLC Acquires New Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

NewEdge Wealth LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,328 shares of the exchange traded fund’s stock, valued at approximately $335,000.

Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. boosted its stake in iShares Russell 2000 Growth ETF by 1.6% in the 3rd quarter. Geneos Wealth Management Inc. now owns 7,598 shares of the exchange traded fund’s stock worth $1,703,000 after buying an additional 122 shares during the last quarter. Confluence Wealth Services Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 19.7% in the 3rd quarter. Confluence Wealth Services Inc. now owns 5,106 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 842 shares during the period. Blue Trust Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 168.0% in the 4th quarter. Blue Trust Inc. now owns 453 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 284 shares during the period. Centennial Wealth Advisory LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at about $203,000. Finally, Vance Wealth Inc. raised its holdings in shares of iShares Russell 2000 Growth ETF by 1.6% during the 3rd quarter. Vance Wealth Inc. now owns 11,214 shares of the exchange traded fund’s stock valued at $2,514,000 after buying an additional 177 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO opened at $248.02 on Thursday. The company has a market cap of $10.65 billion, a P/E ratio of 16.55 and a beta of 1.27. iShares Russell 2000 Growth ETF has a one year low of $203.42 and a one year high of $273.76. The business’s 50-day simple moving average is $262.13 and its 200 day simple moving average is $242.41.

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.