Confluence Wealth Services Inc. Increases Holdings in iShares Russell 2000 Growth ETF $IWO

Confluence Wealth Services Inc. boosted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,528 shares of the exchange traded fund’s stock after purchasing an additional 1,426 shares during the period. iShares Russell 2000 Growth ETF comprises approximately 0.8% of Confluence Wealth Services Inc.’s holdings, making the stock its 24th largest holding. Confluence Wealth Services Inc. owned about 0.15% of iShares Russell 2000 Growth ETF worth $19,228,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Carnegie Investment Counsel increased its holdings in iShares Russell 2000 Growth ETF by 0.3% during the 4th quarter. Carnegie Investment Counsel now owns 11,869 shares of the exchange traded fund’s stock valued at $3,834,000 after purchasing an additional 30 shares during the period. Flagship Private Wealth LLC increased its holdings in iShares Russell 2000 Growth ETF by 1.7% during the 3rd quarter. Flagship Private Wealth LLC now owns 1,885 shares of the exchange traded fund’s stock valued at $603,000 after purchasing an additional 31 shares during the period. Strategies Wealth Advisors LLC boosted its position in iShares Russell 2000 Growth ETF by 1.2% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 2,517 shares of the exchange traded fund’s stock valued at $805,000 after acquiring an additional 31 shares in the last quarter. Veery Capital LLC boosted its position in iShares Russell 2000 Growth ETF by 0.8% during the 4th quarter. Veery Capital LLC now owns 4,051 shares of the exchange traded fund’s stock valued at $1,309,000 after acquiring an additional 31 shares in the last quarter. Finally, Investmark Advisory Group LLC boosted its position in iShares Russell 2000 Growth ETF by 2.2% during the 3rd quarter. Investmark Advisory Group LLC now owns 1,614 shares of the exchange traded fund’s stock valued at $517,000 after acquiring an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

iShares Russell 2000 Growth ETF stock opened at $358.54 on Thursday. The stock’s 50 day simple moving average is $329.34 and its two-hundred day simple moving average is $330.09. The stock has a market cap of $13.73 billion, a price-to-earnings ratio of 21.86 and a beta of 1.16. iShares Russell 2000 Growth ETF has a fifty-two week low of $245.32 and a fifty-two week high of $363.13.

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.