SVB Wealth LLC Invests $3.19 Million in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

SVB Wealth LLC acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, Holdings Channel.com reports. The firm acquired 11,072 shares of the exchange traded fund’s stock, valued at approximately $3,187,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWO. Diversified Portfolios Inc. boosted its holdings in iShares Russell 2000 Growth ETF by 2.5% during the third quarter. Diversified Portfolios Inc. now owns 1,555 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 38 shares during the period. Apollon Wealth Management LLC boosted its stake in iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 38 shares during the period. Transform Wealth LLC grew its holdings in iShares Russell 2000 Growth ETF by 1.9% in the 4th quarter. Transform Wealth LLC now owns 2,039 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 38 shares during the last quarter. Centennial Wealth Advisory LLC increased its position in iShares Russell 2000 Growth ETF by 3.1% in the 4th quarter. Centennial Wealth Advisory LLC now owns 1,297 shares of the exchange traded fund’s stock worth $373,000 after buying an additional 39 shares during the period. Finally, LGL Partners LLC increased its position in iShares Russell 2000 Growth ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 13,052 shares of the exchange traded fund’s stock worth $3,757,000 after buying an additional 39 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.2 %

IWO opened at $276.80 on Friday. iShares Russell 2000 Growth ETF has a 1-year low of $242.92 and a 1-year high of $317.62. The business has a 50 day moving average of $292.41 and a 200-day moving average of $290.28. The stock has a market capitalization of $11.81 billion, a price-to-earnings ratio of 23.69 and a beta of 1.18.

iShares Russell 2000 Growth ETF Company 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.