Congress Asset Management Co. Acquires 74,766 Shares of iShares Russell 2000 Growth ETF $IWO

Congress Asset Management Co. increased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4,991.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,264 shares of the exchange traded fund’s stock after buying an additional 74,766 shares during the quarter. Congress Asset Management Co. owned 0.19% of iShares Russell 2000 Growth ETF worth $24,634,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $26,000. Caitlin John LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth approximately $31,000. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $32,000. Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth approximately $32,000. Finally, Ashton Thomas Securities LLC purchased a new position in iShares Russell 2000 Growth ETF during the third quarter valued at approximately $36,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $317.06 on Wednesday. The firm has a market cap of $12.57 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 1-year low of $219.19 and a 1-year high of $355.34. The company has a 50 day simple moving average of $334.28 and a two-hundred day simple moving average of $328.24.

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.