PFG Private Wealth Management LLC Acquires Shares of 2,248 iShares Russell 2000 Growth ETF $IWO

PFG Private Wealth Management LLC acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 2,248 shares of the exchange traded fund’s stock, valued at approximately $720,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $26,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF in the second quarter valued at approximately $32,000. Howe & Rusling Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the second quarter worth approximately $36,000. Finally, Ashton Thomas Securities LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $36,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

IWO opened at $339.07 on Thursday. The business has a fifty day simple moving average of $336.76 and a 200 day simple moving average of $322.25. iShares Russell 2000 Growth ETF has a 1 year low of $219.19 and a 1 year high of $355.34. The company has a market capitalization of $13.44 billion, a PE ratio of 21.86 and a beta of 1.17.

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.