Parallel Advisors LLC Purchases 424 Shares of iShares Russell 2000 Growth ETF $IWO

Parallel Advisors LLC lifted its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 22.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,289 shares of the exchange traded fund’s stock after purchasing an additional 424 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $654,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. WPG Advisers LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the first quarter valued at approximately $25,000. Cedar Mountain Advisors LLC boosted its holdings in iShares Russell 2000 Growth ETF by 137.5% in the first quarter. Cedar Mountain Advisors LLC now owns 114 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 66 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in iShares Russell 2000 Growth ETF in the first quarter worth $34,000. Bernard Wealth Management Corp. boosted its holdings in iShares Russell 2000 Growth ETF by 118.5% in the first quarter. Bernard Wealth Management Corp. now owns 142 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 77 shares in the last quarter. Finally, Dagco Inc. bought a new stake in iShares Russell 2000 Growth ETF in the first quarter worth $38,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Trading Up 2.8%

iShares Russell 2000 Growth ETF stock opened at $323.85 on Friday. The business’s fifty day simple moving average is $300.41 and its two-hundred day simple moving average is $277.03. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $324.18. The company has a market capitalization of $13.07 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15.

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.