Connective Capital Management LLC Invests $3.64 Million in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Connective Capital Management LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the first quarter, HoldingsChannel.com reports. The fund purchased 13,453 shares of the exchange traded fund’s stock, valued at approximately $3,643,000. iShares Russell 2000 Growth ETF makes up approximately 5.5% of Connective Capital Management LLC’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Waverly Advisors LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 173.9% in the first quarter. Waverly Advisors LLC now owns 13,181 shares of the exchange traded fund’s stock worth $3,569,000 after buying an additional 8,368 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 256.4% in the first quarter. Flow Traders U.S. LLC now owns 27,564 shares of the exchange traded fund’s stock worth $7,464,000 after buying an additional 19,831 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 0.7% in the first quarter. Kestra Advisory Services LLC now owns 61,480 shares of the exchange traded fund’s stock worth $16,649,000 after buying an additional 424 shares in the last quarter. 1832 Asset Management L.P. lifted its holdings in shares of iShares Russell 2000 Growth ETF by 17.9% in the first quarter. 1832 Asset Management L.P. now owns 1,008 shares of the exchange traded fund’s stock worth $273,000 after buying an additional 153 shares in the last quarter. Finally, Linscomb Wealth Inc. lifted its holdings in shares of iShares Russell 2000 Growth ETF by 52.0% in the first quarter. Linscomb Wealth Inc. now owns 2,454 shares of the exchange traded fund’s stock worth $665,000 after buying an additional 839 shares in the last quarter.

iShares Russell 2000 Growth ETF Trading Up 0.1 %

Shares of iShares Russell 2000 Growth ETF stock traded up $0.26 on Tuesday, reaching $282.43. The stock had a trading volume of 404,734 shares, compared to its average volume of 471,178. The business’s 50 day moving average is $267.13 and its two-hundred day moving average is $261.02. The company has a market cap of $11.78 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 $203.42 and a 1 year high of $291.61.

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.