Brookstone Capital Management Has $1 Million Holdings in iShares Russell 2000 Growth ETF $IWO

Brookstone Capital Management lessened its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 36.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,095 shares of the exchange traded fund’s stock after selling 1,746 shares during the quarter. Brookstone Capital Management’s holdings in iShares Russell 2000 Growth ETF were worth $1,000,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Cloud Capital Management LLC acquired a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter valued at $26,000. Caitlin John LLC bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $31,000. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth about $32,000. Ransom Advisory Ltd acquired a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $32,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $318.36 on Friday. The stock’s 50-day simple moving average is $328.69 and its 200 day simple moving average is $328.19. The company has a market cap of $12.34 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 52-week low of $219.19 and a 52-week high of $355.34.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.