SRS Capital Advisors Inc. Boosts Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

SRS Capital Advisors Inc. increased its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.1% in the fourth quarter, HoldingsChannel reports. The firm owned 80,887 shares of the exchange traded fund’s stock after buying an additional 2,455 shares during the quarter. iShares Russell 2000 Growth ETF makes up approximately 1.5% of SRS Capital Advisors Inc.’s holdings, making the stock its 19th biggest holding. SRS Capital Advisors Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $23,281,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWO. Apollon Wealth Management LLC lifted its position in iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock worth $818,000 after acquiring an additional 38 shares in the last quarter. Diversified Portfolios Inc. raised its position in shares of iShares Russell 2000 Growth ETF by 2.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 1,555 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 38 shares in the last quarter. Transform Wealth LLC raised its position in shares of iShares Russell 2000 Growth ETF by 1.9% in the 4th quarter. Transform Wealth LLC now owns 2,039 shares of the exchange traded fund’s stock valued at $587,000 after purchasing an additional 38 shares in the last quarter. Centennial Wealth Advisory LLC increased its holdings in shares of iShares Russell 2000 Growth ETF by 3.1% in the 4th quarter. Centennial Wealth Advisory LLC now owns 1,297 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 39 shares during the last quarter. Finally, LGL Partners LLC increased its holdings in shares of iShares Russell 2000 Growth ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 13,052 shares of the exchange traded fund’s stock valued at $3,757,000 after acquiring an additional 39 shares during the last quarter.

iShares Russell 2000 Growth ETF Trading Up 1.2 %

Shares of NYSEARCA IWO opened at $276.80 on Friday. 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 price-to-earnings ratio of 23.69 and a beta of 1.18. The business has a 50 day simple moving average of $292.41 and a 200-day simple moving average of $290.28.

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.