Synergy Investment Management LLC Invests $98,000 in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Synergy Investment Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 339 shares of the exchange traded fund’s stock, valued at approximately $98,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWO. CHURCHILL MANAGEMENT Corp raised its holdings in iShares Russell 2000 Growth ETF by 1,423.9% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock worth $209,918,000 after purchasing an additional 681,480 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in iShares Russell 2000 Growth ETF by 22,494.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 349,989 shares of the exchange traded fund’s stock worth $100,734,000 after purchasing an additional 348,440 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in iShares Russell 2000 Growth ETF by 128.5% during the third quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock worth $100,838,000 after purchasing an additional 199,699 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 154,743 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in iShares Russell 2000 Growth ETF by 25.5% during the third quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock worth $138,840,000 after purchasing an additional 99,373 shares in the last quarter.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $265.67 on Wednesday. iShares Russell 2000 Growth ETF has a 12 month low of $242.92 and a 12 month high of $317.62. The stock has a market cap of $11.33 billion, a price-to-earnings ratio of 23.69 and a beta of 1.18. The stock’s 50 day moving average price is $291.42 and its 200 day moving average price is $290.39.

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.