41,177 Shares in iShares Russell 2000 Growth ETF $IWO Bought by Strategic Equity Management

Strategic Equity Management bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 41,177 shares of the exchange traded fund’s stock, valued at approximately $13,300,000. iShares Russell 2000 Growth ETF accounts for about 4.5% of Strategic Equity Management’s portfolio, making the stock its 8th biggest position. Strategic Equity Management owned about 0.10% of iShares Russell 2000 Growth ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IWO. JPMorgan Chase & Co. raised its holdings in iShares Russell 2000 Growth ETF by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock worth $312,240,000 after acquiring an additional 412,741 shares during the period. State Street Corp bought a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth about $84,862,000. The Manufacturers Life Insurance Company bought a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth about $62,237,000. Barclays PLC increased its holdings in shares of 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 purchasing an additional 102,878 shares during the period. Finally, US Bancorp DE increased its holdings in shares of 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 purchasing an additional 95,816 shares during the period. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $379.69 on Wednesday. The firm’s 50-day moving average is $343.93 and its 200-day moving average is $335.83. iShares Russell 2000 Growth ETF has a 52-week low of $266.77 and a 52-week high of $380.25. The company has a market cap of $14.69 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.