First Merchants Corp Boosts Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

First Merchants Corp lifted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 23.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,054 shares of the exchange traded fund’s stock after buying an additional 200 shares during the period. First Merchants Corp’s holdings in iShares Russell 2000 Growth ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PSI Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF during the third quarter worth about $28,000. Armstrong Advisory Group Inc. purchased a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth about $41,000. Richardson Financial Services Inc. raised its stake in iShares Russell 2000 Growth ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 72 shares during the period. Voisard Asset Management Group Inc. purchased a new position in iShares Russell 2000 Growth ETF during the third quarter worth about $43,000. Finally, Atmos Advisory LLC purchased a new position in iShares Russell 2000 Growth ETF during the fourth quarter worth about $44,000.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $295.57 on Friday. The firm’s 50-day moving average is $295.88 and its two-hundred day moving average is $288.74. iShares Russell 2000 Growth ETF has a 12 month low of $242.92 and a 12 month high of $317.62. The company has a market capitalization of $12.33 billion, a PE ratio of 16.25 and a beta of 1.31.

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.