David Wealth Management LLC Buys New Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

David Wealth Management LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,979 shares of the exchange traded fund’s stock, valued at approximately $857,000. iShares Russell 2000 Growth ETF accounts for 0.7% of David Wealth Management LLC’s portfolio, making the stock its 19th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp boosted its holdings 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. Strategic Financial Concepts LLC lifted its holdings in iShares Russell 2000 Growth ETF by 22,494.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 349,989 shares of the exchange traded fund’s stock worth $100,734,000 after purchasing an additional 348,440 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 16,238.9% during the 3rd quarter. International Assets Investment Management LLC now owns 258,972 shares of the exchange traded fund’s stock worth $73,548,000 after buying an additional 257,387 shares during the period. BNP Paribas Financial Markets grew its position in shares of iShares Russell 2000 Growth ETF by 128.5% in the third quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock valued at $100,838,000 after purchasing an additional 199,699 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares Russell 2000 Growth ETF by 45.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after buying an additional 154,743 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

Shares of IWO opened at $293.74 on Wednesday. iShares Russell 2000 Growth ETF has a 52 week low of $242.92 and a 52 week high of $317.62. The firm has a market capitalization of $12.25 billion, a P/E ratio of 16.25 and a beta of 1.31. The company has a 50-day simple moving average of $297.01 and a 200-day simple moving average of $288.61.

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.