3,399 Shares in iShares Russell 2000 Growth ETF $IWO Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 3,399 shares of the exchange traded fund’s stock, valued at approximately $1,098,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of iShares Russell 2000 Growth ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after buying an additional 84,573 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 2000 Growth ETF by 1.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock valued at $341,755,000 after buying an additional 15,090 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Russell 2000 Growth ETF by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after buying an additional 412,741 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Growth ETF by 1.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 921,669 shares of the exchange traded fund’s stock valued at $297,708,000 after buying an additional 10,522 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Russell 2000 Growth ETF by 2.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock valued at $198,900,000 after buying an additional 14,460 shares during the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 1.3%

NYSEARCA IWO opened at $368.06 on Friday. The business’s 50-day moving average price is $340.57 and its two-hundred day moving average price is $334.78. iShares Russell 2000 Growth ETF has a 12 month low of $262.24 and a 12 month high of $375.70. The firm has a market capitalization of $14.24 billion, a PE ratio of 21.86 and a beta of 1.19.

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