Carnegie Investment Counsel Grows Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Carnegie Investment Counsel increased its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 12.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,295 shares of the exchange traded fund’s stock after acquiring an additional 921 shares during the period. Carnegie Investment Counsel’s holdings in iShares Russell 2000 Growth ETF were worth $2,178,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Fiducient Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at about $466,000. BOCHK Asset Management Ltd acquired a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $202,000. Flaharty Asset Management LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 0.7% during the 4th quarter. Flaharty Asset Management LLC now owns 60,666 shares of the exchange traded fund’s stock valued at $15,301,000 after acquiring an additional 418 shares during the period. Stonebridge Financial Planning Group LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 94.4% during the 4th quarter. Stonebridge Financial Planning Group LLC now owns 3,260 shares of the exchange traded fund’s stock valued at $822,000 after acquiring an additional 1,583 shares during the period. Finally, CreativeOne Wealth LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 291.4% during the 4th quarter. CreativeOne Wealth LLC now owns 6,118 shares of the exchange traded fund’s stock valued at $1,543,000 after acquiring an additional 4,555 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock traded down $2.78 during midday trading on Tuesday, reaching $272.64. 304,501 shares of the company traded hands, compared to its average volume of 477,043. The firm’s 50 day simple moving average is $268.37 and its two-hundred day simple moving average is $263.14. iShares Russell 2000 Growth ETF has a 1-year low of $203.42 and a 1-year high of $291.61. The firm has a market cap of $11.37 billion, a PE ratio of 16.25 and a beta of 1.31.

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.