GC Wealth Management RIA LLC Has $1.03 Million Position in iShares Russell 2000 Growth ETF $IWO

GC Wealth Management RIA LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 221.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 3,296 shares of the exchange traded fund’s stock after buying an additional 2,271 shares during the period. GC Wealth Management RIA LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,034,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IWO. Modus Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth about $26,000. Strive Financial Group LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth approximately $26,000. Johnson Financial Group Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 500.0% during the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 75 shares in the last quarter. TD Capital Management LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth approximately $30,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at approximately $32,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Down 1.0%

Shares of IWO opened at $370.23 on Friday. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18. iShares Russell 2000 Growth ETF has a 1-year low of $280.35 and a 1-year high of $396.69. The company’s fifty day simple moving average is $379.84 and its 200 day simple moving average is $353.13.

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.