Highland Capital Management LLC Has $1.81 Million Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Highland Capital Management LLC cut its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,357 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. Highland Capital Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,805,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. HighMark Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the second quarter worth approximately $26,000. Riverview Trust Co bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $28,000. PSI Advisors LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth $28,000. GPS Wealth Strategies Group LLC increased its stake in shares of iShares Russell 2000 Growth ETF by 290.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 87 shares in the last quarter. Finally, Concord Wealth Partners raised its holdings in shares of iShares Russell 2000 Growth ETF by 2,000.0% in the first quarter. Concord Wealth Partners now owns 126 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 120 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Down 0.1 %

Shares of NYSEARCA:IWO opened at $282.87 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $203.42 and a 12 month high of $293.17. The firm has a market cap of $11.80 billion, a P/E ratio of 16.25 and a beta of 1.31. The company’s 50-day moving average price is $279.74 and its two-hundred day moving average price is $269.28.

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.