Destination Wealth Management Takes $293,000 Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Destination Wealth Management purchased a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the third quarter, Holdings Channel reports. The firm purchased 1,032 shares of the exchange traded fund’s stock, valued at approximately $293,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Strategic Financial Concepts LLC lifted its stake in iShares Russell 2000 Growth ETF by 28,721.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 774,141 shares of the exchange traded fund’s stock worth $2,032,000 after purchasing an additional 771,455 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 16,238.9% in the third quarter. International Assets Investment Management LLC now owns 258,972 shares of the exchange traded fund’s stock valued at $73,548,000 after purchasing an additional 257,387 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares Russell 2000 Growth ETF by 128.5% in the third quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock valued at $100,838,000 after purchasing an additional 199,699 shares during the last quarter. Johns Hopkins University purchased a new position in iShares Russell 2000 Growth ETF during the second quarter worth approximately $27,062,000. Finally, LPL Financial LLC boosted its stake in 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 last quarter.

iShares Russell 2000 Growth ETF Stock Down 1.5 %

Shares of NYSEARCA:IWO opened at $304.91 on Friday. iShares Russell 2000 Growth ETF has a 52-week low of $233.75 and a 52-week high of $317.62. The business has a fifty day moving average of $297.63 and a two-hundred day moving average of $280.08. The stock has a market cap of $12.71 billion, a P/E ratio of 16.25 and a beta of 1.31.

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.