David Wealth Management LLC Acquires New Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

David Wealth Management LLC bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,979 shares of the exchange traded fund’s stock, valued at approximately $857,000. iShares Russell 2000 Growth ETF comprises approximately 0.7% of David Wealth Management LLC’s portfolio, making the stock its 19th largest holding.

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

iShares Russell 2000 Growth ETF Trading Down 1.3 %

iShares Russell 2000 Growth ETF stock opened at $293.74 on Wednesday. The stock has a 50 day moving average of $297.01 and a two-hundred day moving average of $288.61. iShares Russell 2000 Growth ETF has a twelve month low of $242.92 and a twelve month high of $317.62. The stock has a market capitalization of $12.25 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.