Congress Asset Management Co. Grows Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Congress Asset Management Co. increased its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 25.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,983 shares of the exchange traded fund’s stock after buying an additional 397 shares during the quarter. Congress Asset Management Co.’s holdings in iShares Russell 2000 Growth ETF were worth $563,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWO. Arkadios Wealth Advisors raised its holdings in iShares Russell 2000 Growth ETF by 1.6% in the third quarter. Arkadios Wealth Advisors now owns 2,221 shares of the exchange traded fund’s stock worth $631,000 after buying an additional 36 shares during the last quarter. Investment Advisory Group LLC raised its holdings in iShares Russell 2000 Growth ETF by 3.3% in the 3rd quarter. Investment Advisory Group LLC now owns 1,258 shares of the exchange traded fund’s stock worth $357,000 after acquiring an additional 40 shares during the last quarter. First Citizens Bank & Trust Co. lifted its position in iShares Russell 2000 Growth ETF by 2.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 2,011 shares of the exchange traded fund’s stock valued at $571,000 after acquiring an additional 41 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in iShares Russell 2000 Growth ETF by 0.9% during the 1st quarter. Bleakley Financial Group LLC now owns 4,844 shares of the exchange traded fund’s stock valued at $1,312,000 after purchasing an additional 42 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF by 19.5% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 257 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 42 shares in the last quarter.

iShares Russell 2000 Growth ETF Price Performance

IWO stock opened at $283.59 on Friday. The stock has a market capitalization of $11.83 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1-year low of $209.26 and a 1-year high of $293.17. The business has a fifty day moving average price of $280.62 and a 200-day moving average price of $270.17.

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.