Nvest Financial LLC Purchases 475 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Nvest Financial LLC raised its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 32.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,936 shares of the exchange traded fund’s stock after acquiring an additional 475 shares during the quarter. Nvest Financial LLC’s holdings in iShares Russell 2000 Growth ETF were worth $557,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PSI Advisors LLC acquired a new position in iShares Russell 2000 Growth ETF during the third quarter worth $28,000. Armstrong Advisory Group Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $41,000. Richardson Financial Services Inc. grew its holdings in shares of iShares Russell 2000 Growth ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 72 shares in the last quarter. Voisard Asset Management Group Inc. bought a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $43,000. Finally, Atmos Advisory LLC bought a new stake in iShares Russell 2000 Growth ETF during the fourth quarter worth about $44,000.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO opened at $296.57 on Wednesday. The stock has a 50 day moving average price of $299.39 and a 200 day moving average price of $287.60. The stock has a market capitalization of $12.37 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 52 week low of $242.63 and a 52 week high of $317.62.

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.