MLP3 LLC Makes New $533,000 Investment in iShares Russell 2000 Growth ETF $IWO

MLP3 LLC bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,651 shares of the exchange traded fund’s stock, valued at approximately $533,000.

Other hedge funds have also added to or reduced their stakes in the company. Modus Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter worth approximately $26,000. Johnson Financial Group Inc. increased its holdings in iShares Russell 2000 Growth ETF by 500.0% in the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 75 shares in the last quarter. Caitlin John LLC bought a new stake in iShares Russell 2000 Growth ETF in the third quarter worth approximately $31,000. Reyes Financial Architecture Inc. bought a new stake in iShares Russell 2000 Growth ETF in the third quarter worth approximately $32,000. Finally, Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter worth approximately $32,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO stock opened at $380.39 on Monday. The company has a market cap of $14.72 billion, a P/E ratio of 21.86 and a beta of 1.19. The stock has a 50 day simple moving average of $360.04 and a two-hundred day simple moving average of $341.55. iShares Russell 2000 Growth ETF has a fifty-two week low of $272.16 and a fifty-two week high of $384.63.

iShares Russell 2000 Growth ETF Company 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.