Instrumental Wealth LLC Boosts Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Instrumental Wealth LLC increased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 16.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,387 shares of the exchange traded fund’s stock after acquiring an additional 1,572 shares during the period. iShares Russell 2000 Growth ETF comprises approximately 2.6% of Instrumental Wealth LLC’s portfolio, making the stock its 10th biggest holding. Instrumental Wealth LLC’s holdings in iShares Russell 2000 Growth ETF were worth $3,728,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. First Command Advisory Services Inc. purchased a new position in iShares Russell 2000 Growth ETF in the second quarter worth $27,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at $32,000. Howe & Rusling Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at $36,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth $36,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth about $37,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

IWO opened at $346.76 on Monday. The firm has a market cap of $13.84 billion, a P/E ratio of 21.86 and a beta of 1.17. The firm has a 50-day moving average of $330.93 and a 200 day moving average of $318.11. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34.

About iShares Russell 2000 Growth ETF

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.