GSB Wealth Management LLC Grows Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

GSB Wealth Management LLC increased its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,844 shares of the exchange traded fund’s stock after purchasing an additional 242 shares during the period. GSB Wealth Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,394,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IWO. PSI Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. lifted its holdings in iShares Russell 2000 Growth ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 72 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at about $41,000. Voisard Asset Management Group Inc. bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at about $43,000. Finally, Atmos Advisory LLC bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at about $44,000.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO opened at $300.73 on Friday. iShares Russell 2000 Growth ETF has a 1-year low of $242.63 and a 1-year high of $317.62. The company has a 50-day moving average of $299.42 and a 200 day moving average of $286.96. The firm has a market capitalization of $12.54 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31.

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.