Echo45 Advisors LLC Grows Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Echo45 Advisors LLC boosted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,333 shares of the exchange traded fund’s stock after acquiring an additional 379 shares during the quarter. iShares Russell 2000 Growth ETF comprises approximately 1.9% of Echo45 Advisors LLC’s portfolio, making the stock its 17th biggest holding. Echo45 Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,896,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Bank of America Corp DE raised its position in iShares Russell 2000 Growth ETF by 3.8% in the fourth quarter. Bank of America Corp DE now owns 3,630,750 shares of the exchange traded fund’s stock worth $1,045,003,000 after acquiring an additional 133,560 shares in the last quarter. Barings LLC raised its position in iShares Russell 2000 Growth ETF by 3.5% in the fourth quarter. Barings LLC now owns 1,544,050 shares of the exchange traded fund’s stock worth $444,408,000 after acquiring an additional 51,800 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of iShares Russell 2000 Growth ETF by 1.6% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 891,217 shares of the exchange traded fund’s stock valued at $256,510,000 after buying an additional 13,989 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Russell 2000 Growth ETF by 14.3% in the fourth quarter. Wells Fargo & Company MN now owns 829,236 shares of the exchange traded fund’s stock valued at $238,671,000 after buying an additional 103,582 shares in the last quarter. Finally, FMR LLC increased its position in shares of iShares Russell 2000 Growth ETF by 134.5% in the fourth quarter. FMR LLC now owns 664,816 shares of the exchange traded fund’s stock valued at $191,347,000 after buying an additional 381,261 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Down 0.3%

Shares of IWO stock opened at $281.96 on Thursday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $317.62. The stock has a market cap of $11.66 billion, a P/E ratio of 20.25 and a beta of 1.16. The business has a fifty day simple moving average of $257.90 and a 200-day simple moving average of $277.38.

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.