iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC raised its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 169.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,179 shares of the exchange traded fund’s stock after purchasing an additional 1,998 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $915,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Cassaday & Co Wealth Management LLC lifted its position in iShares Russell 2000 Growth ETF by 2.3% in the third quarter. Cassaday & Co Wealth Management LLC now owns 877,228 shares of the exchange traded fund’s stock valued at $249,133,000 after buying an additional 19,467 shares during the last quarter. CHURCHILL MANAGEMENT Corp increased its holdings in iShares Russell 2000 Growth ETF by 1,423.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock valued at $209,918,000 after purchasing an additional 681,480 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares Russell 2000 Growth ETF by 45.4% in the third quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock valued at $140,739,000 after purchasing an additional 154,743 shares during the period. LPL Financial LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 25.5% during the third quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock worth $138,840,000 after buying an additional 99,373 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of iShares Russell 2000 Growth ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 470,692 shares of the exchange traded fund’s stock valued at $133,677,000 after buying an additional 7,434 shares in the last quarter.

iShares Russell 2000 Growth ETF Trading Up 2.4 %

IWO opened at $301.78 on Wednesday. The firm has a market cap of $12.58 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. The stock’s 50-day moving average price is $299.43 and its 200 day moving average price is $286.20. iShares Russell 2000 Growth ETF has a 12-month low of $242.63 and a 12-month high of $317.62.

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.