Wetzel Investment Advisors Inc. Invests $31,000 in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 121 shares of the exchange traded fund’s stock, valued at approximately $31,000.

A number of other large investors also recently modified their holdings of IWO. Sequoia Financial Advisors LLC boosted its stake in iShares Russell 2000 Growth ETF by 3.1% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,466 shares of the exchange traded fund’s stock worth $370,000 after buying an additional 44 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of iShares Russell 2000 Growth ETF by 1.0% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 5,069 shares of the exchange traded fund’s stock valued at $1,139,000 after purchasing an additional 49 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of iShares Russell 2000 Growth ETF by 2.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,769 shares of the exchange traded fund’s stock valued at $446,000 after purchasing an additional 49 shares during the last quarter. Tranquility Partners LLC raised its position in iShares Russell 2000 Growth ETF by 1.3% in the 4th quarter. Tranquility Partners LLC now owns 4,178 shares of the exchange traded fund’s stock worth $1,054,000 after purchasing an additional 53 shares during the period. Finally, Franklin Resources Inc. lifted its stake in iShares Russell 2000 Growth ETF by 0.3% in the first quarter. Franklin Resources Inc. now owns 16,554 shares of the exchange traded fund’s stock worth $3,755,000 after purchasing an additional 55 shares during the last quarter.

iShares Russell 2000 Growth ETF Trading Down 0.7 %

Shares of NYSEARCA:IWO opened at $245.29 on Monday. The stock has a market capitalization of $10.54 billion, a P/E ratio of 16.55 and a beta of 1.27. The stock’s 50-day moving average price is $261.79 and its 200-day moving average price is $242.96. iShares Russell 2000 Growth ETF has a 12-month low of $203.42 and a 12-month high of $273.76.

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.