Naviter Wealth LLC Purchases New Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Naviter Wealth LLC acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,560 shares of the exchange traded fund’s stock, valued at approximately $1,312,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWO. Smartleaf Asset Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 1,225.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 106 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 98 shares during the period. Armstrong Advisory Group Inc. purchased a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $41,000. Atmos Advisory LLC purchased a new position in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $44,000. Promus Capital LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at about $44,000. Finally, GAMMA Investing LLC increased its position in shares of iShares Russell 2000 Growth ETF by 64.2% during the fourth quarter. GAMMA Investing LLC now owns 156 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 61 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $264.30 on Friday. iShares Russell 2000 Growth ETF has a one year low of $242.92 and a one year high of $317.62. The stock has a 50-day moving average price of $289.76 and a 200 day moving average price of $290.09. The company has a market capitalization of $11.01 billion, a P/E ratio of 20.61 and a beta of 1.21.

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.