Phillips Financial Management LLC Takes Position in iShares Russell 2000 Growth ETF $IWO

Phillips Financial Management LLC acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 430 shares of the exchange traded fund’s stock, valued at approximately $123,000.

Other institutional investors also recently modified their holdings of the company. WPG Advisers LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at $32,000. Financial Gravity Asset Management Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at $34,000. Dagco Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at $38,000. Finally, Wealth Preservation Advisors LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at $55,000. 74.88% of the stock is owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $322.26 on Thursday. The firm’s fifty day moving average is $315.75 and its 200-day moving average is $287.65. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $337.26. The firm has a market cap of $13.04 billion, a P/E ratio of 21.86 and a beta of 1.15.

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.