Diversified Portfolios Inc. Boosts Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Diversified Portfolios Inc. lifted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,555 shares of the exchange traded fund’s stock after buying an additional 38 shares during the period. Diversified Portfolios Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $442,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. HighMark Wealth Management LLC purchased a new stake in iShares Russell 2000 Growth ETF during the second quarter worth about $26,000. Riverview Trust Co acquired a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter worth $28,000. PSI Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $28,000. GPS Wealth Strategies Group LLC increased its holdings in iShares Russell 2000 Growth ETF by 290.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 87 shares in the last quarter. Finally, Beacon Capital Management LLC raised its position in shares of iShares Russell 2000 Growth ETF by 424.0% during the 1st quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 106 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Down 1.7 %

NYSEARCA IWO opened at $299.60 on Friday. The stock has a market cap of $12.49 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. The business has a fifty day moving average of $284.70 and a 200-day moving average of $273.31. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.77 and a fifty-two week high of $314.34.

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.