Congress Asset Management Co. Grows Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Congress Asset Management Co. raised its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2,269.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,994 shares of the exchange traded fund’s stock after purchasing an additional 45,011 shares during the period. Congress Asset Management Co.’s holdings in iShares Russell 2000 Growth ETF were worth $13,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth about $412,000. Transform Wealth LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 1.9% during the 4th quarter. Transform Wealth LLC now owns 2,039 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 38 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell 2000 Growth ETF by 45.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after acquiring an additional 154,743 shares during the period. Eagle Asset Management Inc. lifted its holdings in shares of iShares Russell 2000 Growth ETF by 18.1% during the 3rd quarter. Eagle Asset Management Inc. now owns 4,095 shares of the exchange traded fund’s stock worth $1,268,000 after acquiring an additional 629 shares during the period. Finally, Apollon Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock worth $818,000 after acquiring an additional 38 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $295.57 on Monday. The firm has a market cap of $12.33 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1-year low of $242.92 and a 1-year high of $317.62. The firm’s 50-day simple moving average is $295.53 and its 200-day simple moving average is $288.91.

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.