Global Assets Advisory LLC Purchases New Position in iShares Russell 2000 Growth ETF $IWO

Global Assets Advisory LLC acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,479 shares of the exchange traded fund’s stock, valued at approximately $464,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in iShares Russell 2000 Growth ETF by 2.2% during 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 purchasing an additional 84,573 shares in the last quarter. Morgan Stanley lifted its position in iShares Russell 2000 Growth ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock worth $846,084,000 after buying an additional 123,413 shares in the last quarter. Barings LLC increased its position in iShares Russell 2000 Growth ETF by 2.0% in the 4th quarter. Barings LLC now owns 1,657,750 shares of the exchange traded fund’s stock valued at $540,012,000 after acquiring an additional 33,300 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock worth $312,035,000 after acquiring an additional 393,686 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 1.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 921,669 shares of the exchange traded fund’s stock worth $297,708,000 after purchasing an additional 10,522 shares in the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA IWO traded down $4.16 during midday trading on Friday, hitting $384.68. The stock had a trading volume of 314,934 shares, compared to its average volume of 490,180. iShares Russell 2000 Growth ETF has a fifty-two week low of $280.35 and a fifty-two week high of $396.69. The firm has a market cap of $15.10 billion, a P/E ratio of 21.86 and a beta of 1.18. The company’s 50-day simple moving average is $378.03 and its 200 day simple moving average is $349.76.

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.