Droms Strauss Advisors Inc. MO ADV Purchases New Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Droms Strauss Advisors Inc. MO ADV acquired a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,563 shares of the exchange traded fund’s stock, valued at approximately $12,250,000. iShares Russell 2000 Growth ETF makes up 4.0% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 7th largest holding. Droms Strauss Advisors Inc. MO ADV owned 0.10% of iShares Russell 2000 Growth ETF at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IWO. J.W. Cole Advisors Inc. lifted its stake in iShares Russell 2000 Growth ETF by 16.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 6,949 shares of the exchange traded fund’s stock valued at $2,000,000 after acquiring an additional 963 shares during the last quarter. Valmark Advisers Inc. lifted its stake in iShares Russell 2000 Growth ETF by 18.1% in the 4th quarter. Valmark Advisers Inc. now owns 893 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 137 shares during the last quarter. L.M. Kohn & Company acquired a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at $499,000. Csenge Advisory Group boosted its position in iShares Russell 2000 Growth ETF by 110.4% during the fourth quarter. Csenge Advisory Group now owns 2,439 shares of the exchange traded fund’s stock worth $702,000 after purchasing an additional 1,280 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of iShares Russell 2000 Growth ETF by 5.8% in the fourth quarter. Allworth Financial LP now owns 3,766 shares of the exchange traded fund’s stock valued at $1,133,000 after purchasing an additional 207 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA IWO opened at $295.57 on Monday. The stock has a market cap of $12.33 billion, a PE ratio of 16.25 and a beta of 1.31. The firm has a 50-day moving average of $295.53 and a 200-day moving average of $288.91. iShares Russell 2000 Growth ETF has a 52-week low of $242.92 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.