Ritholtz Wealth Management Acquires New Shares in iShares Russell 2000 Growth ETF $IWO

Ritholtz Wealth Management acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,218 shares of the exchange traded fund’s stock, valued at approximately $348,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in iShares Russell 2000 Growth ETF in the first quarter valued at about $25,000. Financial Gravity Asset Management Inc. bought a new stake in iShares Russell 2000 Growth ETF in the first quarter valued at about $34,000. Dagco Inc. acquired a new position in iShares Russell 2000 Growth ETF in the first quarter valued at about $38,000. Wealth Preservation Advisors LLC acquired a new position in iShares Russell 2000 Growth ETF in the first quarter valued at about $55,000. Finally, Kestra Investment Management LLC acquired a new position in iShares Russell 2000 Growth ETF in the first quarter valued at about $56,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 1.9%

NYSEARCA:IWO opened at $330.33 on Tuesday. iShares Russell 2000 Growth ETF has a 1 year low of $219.19 and a 1 year high of $337.26. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15. The stock has a 50-day moving average price of $314.81 and a two-hundred day moving average price of $287.12.

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.