Fortis Group Advisors LLC Has $14.69 Million Position in iShares Russell 2000 Growth ETF $IWO

Fortis Group Advisors LLC raised its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 60.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,677 shares of the exchange traded fund’s stock after purchasing an additional 16,505 shares during the quarter. iShares Russell 2000 Growth ETF accounts for about 2.5% of Fortis Group Advisors LLC’s portfolio, making the stock its 6th largest position. Fortis Group Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $14,689,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IWO. JPMorgan Chase & Co. lifted its position in iShares Russell 2000 Growth ETF by 73.3% during the third quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after purchasing an additional 412,741 shares during the last quarter. State Street Corp bought a new position in iShares Russell 2000 Growth ETF during the second quarter valued at $84,862,000. The Manufacturers Life Insurance Company bought a new position in iShares Russell 2000 Growth ETF during the second quarter valued at $62,237,000. Barclays PLC lifted its position in iShares Russell 2000 Growth ETF by 268.1% during the third quarter. Barclays PLC now owns 141,254 shares of the exchange traded fund’s stock valued at $45,207,000 after purchasing an additional 102,878 shares during the last quarter. Finally, US Bancorp DE lifted its position in iShares Russell 2000 Growth ETF by 58.9% during the third quarter. US Bancorp DE now owns 258,453 shares of the exchange traded fund’s stock valued at $82,715,000 after purchasing an additional 95,816 shares during the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 2.8%

IWO stock opened at $363.17 on Thursday. iShares Russell 2000 Growth ETF has a 52 week low of $262.24 and a 52 week high of $375.70. The company has a fifty day simple moving average of $339.71 and a two-hundred day simple moving average of $334.52. The firm has a market capitalization of $14.05 billion, a P/E ratio of 21.86 and a beta of 1.19.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.