Summit Financial LLC Buys 701 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Summit Financial LLC raised its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 14.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,724 shares of the exchange traded fund’s stock after purchasing an additional 701 shares during the period. Summit Financial LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,444,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fiducient Advisors LLC bought a new position in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $466,000. Confluence Wealth Services Inc. grew its holdings in shares of iShares Russell 2000 Growth ETF by 19.7% during the third quarter. Confluence Wealth Services Inc. now owns 5,106 shares of the exchange traded fund’s stock worth $1,145,000 after purchasing an additional 842 shares during the last quarter. Flaharty Asset Management LLC grew its holdings in shares of iShares Russell 2000 Growth ETF by 0.7% during the fourth quarter. Flaharty Asset Management LLC now owns 60,666 shares of the exchange traded fund’s stock worth $15,301,000 after purchasing an additional 418 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of iShares Russell 2000 Growth ETF by 168.0% during the fourth quarter. Blue Trust Inc. now owns 453 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 284 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC grew its holdings in shares of iShares Russell 2000 Growth ETF by 94.4% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 3,260 shares of the exchange traded fund’s stock worth $822,000 after purchasing an additional 1,583 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO traded up $0.34 during midday trading on Thursday, hitting $249.92. 31,980 shares of the stock were exchanged, compared to its average volume of 549,859. The stock has a market capitalization of $10.55 billion, a price-to-earnings ratio of 15.70 and a beta of 1.28. The business’s 50-day moving average price is $260.78 and its 200 day moving average price is $244.56. iShares Russell 2000 Growth ETF has a 12 month low of $203.42 and a 12 month high of $273.76.

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.