40,841 Shares in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Acquired by SMI Advisory Services LLC

SMI Advisory Services LLC bought a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 40,841 shares of the exchange traded fund’s stock, valued at approximately $11,614,000. iShares Russell 2000 Growth ETF accounts for about 2.7% of SMI Advisory Services LLC’s holdings, making the stock its 10th largest position. SMI Advisory Services LLC owned 0.10% of iShares Russell 2000 Growth ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWO. Cassaday & Co Wealth Management LLC grew its holdings in iShares Russell 2000 Growth ETF by 2.3% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 877,228 shares of the exchange traded fund’s stock worth $249,133,000 after acquiring an additional 19,467 shares during the period. CHURCHILL MANAGEMENT Corp grew its stake in shares of iShares Russell 2000 Growth ETF by 1,423.9% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock worth $209,918,000 after purchasing an additional 681,480 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Russell 2000 Growth ETF by 45.4% in the third quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock valued at $140,739,000 after buying an additional 154,743 shares during the period. LPL Financial LLC lifted its stake in iShares Russell 2000 Growth ETF by 25.5% in the third quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock valued at $138,840,000 after buying an additional 99,373 shares during the period. Finally, D.A. Davidson & CO. grew its position in shares of iShares Russell 2000 Growth ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 470,692 shares of the exchange traded fund’s stock worth $133,677,000 after buying an additional 7,434 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $300.98 on Thursday. The stock has a 50-day moving average of $299.30 and a 200-day moving average of $286.48. iShares Russell 2000 Growth ETF has a one year low of $242.63 and a one year high of $317.62. The stock has a market cap of $12.55 billion, a PE ratio of 16.25 and a beta of 1.31.

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.