Trust Co of the South Makes New Investment in iShares Russell 2000 Growth ETF $IWO

Trust Co of the South acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 775 shares of the exchange traded fund’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Rhumbline Advisers boosted its stake in iShares Russell 2000 Growth ETF by 358.6% during the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock valued at $190,000 after purchasing an additional 581 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of iShares Russell 2000 Growth ETF by 2.7% during the first quarter. Geneos Wealth Management Inc. now owns 8,431 shares of the exchange traded fund’s stock valued at $2,154,000 after purchasing an additional 218 shares during the last quarter. Fortis Capital Advisors LLC acquired a new position in iShares Russell 2000 Growth ETF in the first quarter valued at approximately $246,000. Integrity Alliance LLC. acquired a new position in shares of iShares Russell 2000 Growth ETF during the 1st quarter worth about $921,000. Finally, SCS Capital Management LLC acquired a new stake in iShares Russell 2000 Growth ETF in the first quarter worth $476,000. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Down 0.9%

Shares of NYSEARCA:IWO opened at $312.87 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $317.62. The company’s fifty day simple moving average is $298.33 and its 200 day simple moving average is $275.86. The firm has a market cap of $12.62 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15.

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.