Nvest Financial LLC Purchases New Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Nvest Financial LLC bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the first quarter, Holdings Channel reports. The fund bought 842 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWO. O Shaughnessy Asset Management LLC boosted its stake in iShares Russell 2000 Growth ETF by 294.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 2,080 shares of the exchange traded fund’s stock worth $466,000 after buying an additional 1,553 shares during the last quarter. Trexquant Investment LP raised its position in iShares Russell 2000 Growth ETF by 61.2% in the third quarter. Trexquant Investment LP now owns 7,710 shares of the exchange traded fund’s stock valued at $1,728,000 after purchasing an additional 2,926 shares during the period. Fred Alger Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at $310,000. Royal Bank of Canada boosted its holdings in iShares Russell 2000 Growth ETF by 27.7% during the 3rd quarter. Royal Bank of Canada now owns 357,654 shares of the exchange traded fund’s stock valued at $80,168,000 after acquiring an additional 77,677 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares Russell 2000 Growth ETF by 0.6% in the third quarter. Mercer Global Advisors Inc. ADV now owns 26,906 shares of the exchange traded fund’s stock valued at $6,031,000 after purchasing an additional 154 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 0.2 %

IWO traded up $0.58 during trading hours on Tuesday, hitting $261.23. 218,003 shares of the company’s stock were exchanged, compared to its average volume of 467,608. The firm has a market cap of $10.89 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12-month low of $203.42 and a 12-month high of $273.76. The firm has a 50 day moving average of $260.67 and a 200 day moving average of $257.29.

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.