MV Capital Management Inc. Purchases Shares of 9,119 iShares Russell 2000 Growth ETF $IWO

MV Capital Management Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 9,119 shares of the exchange traded fund’s stock, valued at approximately $2,946,000.

A number of other hedge funds have also recently made changes to their positions in IWO. Modus Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth $26,000. Strive Financial Group LLC purchased a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth about $26,000. Johnson Financial Group Inc. grew its position in iShares Russell 2000 Growth ETF by 500.0% during the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 75 shares in the last quarter. Caitlin John LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $31,000. Finally, Reyes Financial Architecture Inc. bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $32,000. 74.88% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Stock Up 2.4%

NYSEARCA:IWO opened at $389.04 on Friday. The business’s 50-day moving average price is $365.24 and its two-hundred day moving average price is $343.20. iShares Russell 2000 Growth ETF has a twelve month low of $272.16 and a twelve month high of $389.84. The stock has a market cap of $15.06 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.