Compass Capital Management Inc. Increases Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Compass Capital Management Inc. grew its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1,108.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,811 shares of the exchange traded fund’s stock after purchasing an additional 12,668 shares during the period. Compass Capital Management Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $5,441,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IWO. Avise Financial Cooperative Inc. purchased a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $209,000. Johnson Wealth Management LLC purchased a new position in iShares Russell 2000 Growth ETF during the 2nd quarter worth $205,000. Flputnam Investment Management Co. raised its position in iShares Russell 2000 Growth ETF by 35.9% during the 2nd quarter. Flputnam Investment Management Co. now owns 1,260 shares of the exchange traded fund’s stock worth $496,000 after buying an additional 333 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter worth $3,876,000. Finally, Geneva Capital Management LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 21.9% in the 2nd quarter. Geneva Capital Management LLC now owns 86,150 shares of the exchange traded fund’s stock worth $33,940,000 after acquiring an additional 15,473 shares during the period. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $395.65 on Monday. iShares Russell 2000 Growth ETF has a fifty-two week low of $292.31 and a fifty-two week high of $396.69. The firm’s 50-day simple moving average is $382.66 and its 200-day simple moving average is $357.21. The company has a market cap of $15.27 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19.

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.