Highland Investment Advisors LLC Acquires New Position in iShares Russell 2000 Growth ETF $IWO

Highland Investment Advisors LLC acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,110 shares of the exchange traded fund’s stock, valued at approximately $7,922,000. iShares Russell 2000 Growth ETF makes up about 3.4% of Highland Investment Advisors LLC’s holdings, making the stock its 10th largest position. Highland Investment Advisors LLC owned about 0.05% of iShares Russell 2000 Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Summit Creek Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 4th quarter worth approximately $4,600,000. Stronghold Wealth Management L.L.C. acquired a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth $1,697,000. M3 Wealth Management LLC acquired a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth $537,000. Strategic Equity Management purchased a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth $13,300,000. Finally, Benjamin Edwards Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth $584,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Performance

iShares Russell 2000 Growth ETF stock opened at $377.54 on Friday. iShares Russell 2000 Growth ETF has a fifty-two week low of $299.64 and a fifty-two week high of $396.69. The firm has a market capitalization of $14.57 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The stock’s fifty day moving average is $382.68 and its two-hundred day moving average is $361.75.

iShares Russell 2000 Growth ETF Company 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.