Intelligence Driven Advisers LLC Purchases New Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Intelligence Driven Advisers LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 757 shares of the exchange traded fund’s stock, valued at approximately $215,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. HighMark Wealth Management LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter worth approximately $26,000. PSI Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $28,000. Riverview Trust Co purchased a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth about $28,000. GPS Wealth Strategies Group LLC raised its position in iShares Russell 2000 Growth ETF by 290.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 87 shares during the last quarter. Finally, Beacon Capital Management LLC increased its position in shares of iShares Russell 2000 Growth ETF by 424.0% during the 1st quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 106 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO traded down $1.70 during midday trading on Thursday, hitting $303.20. 39,501 shares of the company’s stock traded hands, compared to its average volume of 443,970. The firm has a fifty day moving average of $284.03 and a 200 day moving average of $273.09. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1 year low of $219.77 and a 1 year high of $314.34.

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.