Droms Strauss Advisors Inc. MO ADV Acquires New Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Droms Strauss Advisors Inc. MO ADV purchased a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 42,563 shares of the exchange traded fund’s stock, valued at approximately $12,250,000. iShares Russell 2000 Growth ETF makes up about 4.0% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 7th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in IWO. Cassaday & Co Wealth Management LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 2.3% in the third quarter. Cassaday & Co Wealth Management LLC now owns 877,228 shares of the exchange traded fund’s stock valued at $249,133,000 after buying an additional 19,467 shares during the period. CHURCHILL MANAGEMENT Corp boosted its stake in shares of iShares Russell 2000 Growth ETF by 1,423.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock valued at $209,918,000 after purchasing an additional 681,480 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell 2000 Growth ETF by 45.4% during the third quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after buying an additional 154,743 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares Russell 2000 Growth ETF by 25.5% in the third quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock valued at $138,840,000 after buying an additional 99,373 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in iShares Russell 2000 Growth ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 470,692 shares of the exchange traded fund’s stock worth $133,677,000 after acquiring an additional 7,434 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $295.57 on Monday. iShares Russell 2000 Growth ETF has a 1 year low of $242.92 and a 1 year high of $317.62. The business’s 50-day moving average is $295.53 and its 200-day moving average is $288.91. The company has a market capitalization of $12.33 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31.

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.