Kovack Advisors Inc. Increases Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Kovack Advisors Inc. increased its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 54.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,188 shares of the exchange traded fund’s stock after acquiring an additional 417 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $342,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IWO. CHURCHILL MANAGEMENT Corp increased its holdings in iShares Russell 2000 Growth ETF by 1,423.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock valued at $209,918,000 after acquiring an additional 681,480 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in iShares Russell 2000 Growth ETF by 22,494.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 349,989 shares of the exchange traded fund’s stock valued at $100,734,000 after acquiring an additional 348,440 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in iShares Russell 2000 Growth ETF by 128.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock valued at $100,838,000 after acquiring an additional 199,699 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Russell 2000 Growth ETF by 45.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock valued at $140,739,000 after acquiring an additional 154,743 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in iShares Russell 2000 Growth ETF by 25.5% during the 3rd quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock valued at $138,840,000 after acquiring an additional 99,373 shares in the last quarter.

iShares Russell 2000 Growth ETF Trading Up 1.2 %

NYSEARCA:IWO opened at $276.80 on Friday. The firm has a 50-day moving average price of $292.41 and a two-hundred day moving average price of $290.28. iShares Russell 2000 Growth ETF has a twelve month low of $242.92 and a twelve month high of $317.62. The company has a market capitalization of $11.81 billion, a P/E ratio of 23.69 and a beta of 1.18.

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.