Echo45 Advisors LLC Raises Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Echo45 Advisors LLC raised its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,954 shares of the exchange traded fund’s stock after acquiring an additional 478 shares during the period. iShares Russell 2000 Growth ETF makes up approximately 2.1% of Echo45 Advisors LLC’s holdings, making the stock its 15th biggest holding. Echo45 Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $3,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWO. Renaissance Technologies LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth approximately $945,000. 1832 Asset Management L.P. grew its position in iShares Russell 2000 Growth ETF by 20.1% in the second quarter. 1832 Asset Management L.P. now owns 1,211 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 203 shares during the period. Bank of Montreal Can increased its position in shares of iShares Russell 2000 Growth ETF by 0.3% during the second quarter. Bank of Montreal Can now owns 80,592 shares of the exchange traded fund’s stock valued at $21,006,000 after acquiring an additional 223 shares during the last quarter. Wescott Financial Advisory Group LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 39.8% during the second quarter. Wescott Financial Advisory Group LLC now owns 2,364 shares of the exchange traded fund’s stock worth $621,000 after buying an additional 673 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares Russell 2000 Growth ETF by 1.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 159,515 shares of the exchange traded fund’s stock worth $41,882,000 after purchasing an additional 2,625 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $300.98 on Thursday. The stock has a 50-day simple moving average of $299.30 and a 200-day simple moving average of $286.48. The stock has a market capitalization of $12.55 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1 year low of $242.63 and a 1 year high of $317.62.

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.