Fortis Group Advisors LLC Reduces Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Fortis Group Advisors LLC lowered its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,074 shares of the exchange traded fund’s stock after selling 695 shares during the quarter. iShares Russell 2000 Growth ETF comprises 1.6% of Fortis Group Advisors LLC’s portfolio, making the stock its 15th largest position. Fortis Group Advisors LLC owned approximately 0.07% of iShares Russell 2000 Growth ETF worth $8,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PSI Advisors LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at approximately $28,000. Richardson Financial Services Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 72 shares during the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at $41,000. Voisard Asset Management Group Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter valued at $43,000. Finally, Atmos Advisory LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter worth about $44,000.

iShares Russell 2000 Growth ETF Price Performance

IWO stock opened at $295.57 on Tuesday. iShares Russell 2000 Growth ETF has a 1 year low of $242.92 and a 1 year high of $317.62. The company has a market cap of $12.33 billion, a P/E ratio of 16.25 and a beta of 1.31. The stock’s fifty day moving average price is $295.24 and its 200-day moving average price is $289.06.

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.