Fortis Group Advisors LLC Purchases 11,809 Shares of iShares Russell 2000 Growth ETF $IWO

Fortis Group Advisors LLC boosted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 76.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,172 shares of the exchange traded fund’s stock after acquiring an additional 11,809 shares during the quarter. iShares Russell 2000 Growth ETF accounts for about 1.6% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 12th largest position. Fortis Group Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $8,985,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cloud Capital Management LLC purchased a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at approximately $26,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth $27,000. Howe & Rusling Inc. purchased a new position in iShares Russell 2000 Growth ETF in the second quarter worth $36,000. Ashton Thomas Securities LLC bought a new position in iShares Russell 2000 Growth ETF in the third quarter valued at $36,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in iShares Russell 2000 Growth ETF during the third quarter valued at about $37,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 0.2%

IWO opened at $335.27 on Wednesday. The stock has a market capitalization of $13.29 billion, a P/E ratio of 21.86 and a beta of 1.17. The stock has a 50-day moving average price of $336.93 and a 200-day moving average price of $323.69. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $355.34.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.