HighTower Advisors LLC Buys 4,090 Shares of iShares Russell 2000 Growth ETF $IWO

HighTower Advisors LLC lifted its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,883 shares of the exchange traded fund’s stock after purchasing an additional 4,090 shares during the period. HighTower Advisors LLC owned about 0.18% of iShares Russell 2000 Growth ETF worth $23,542,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWO. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell 2000 Growth ETF by 73.3% in the third quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock worth $312,240,000 after purchasing an additional 412,741 shares during the last quarter. State Street Corp bought a new position in iShares Russell 2000 Growth ETF during the 2nd quarter worth about $84,862,000. The Manufacturers Life Insurance Company bought a new position in iShares Russell 2000 Growth ETF during the 2nd quarter worth about $62,237,000. Barclays PLC grew its holdings in iShares Russell 2000 Growth ETF by 268.1% during the 3rd quarter. Barclays PLC now owns 141,254 shares of the exchange traded fund’s stock worth $45,207,000 after acquiring an additional 102,878 shares in the last quarter. Finally, US Bancorp DE grew its holdings in iShares Russell 2000 Growth ETF by 58.9% during the 3rd quarter. US Bancorp DE now owns 258,453 shares of the exchange traded fund’s stock worth $82,715,000 after acquiring an additional 95,816 shares in the last quarter. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Price Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $372.34 on Friday. iShares Russell 2000 Growth ETF has a 1 year low of $262.24 and a 1 year high of $375.70. The firm’s 50-day moving average is $341.52 and its two-hundred day moving average is $335.05. The stock has a market cap of $14.41 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19.

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