FSA Wealth Management LLC Invests $9.97 Million in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

FSA Wealth Management LLC purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the third quarter, HoldingsChannel reports. The firm purchased 35,087 shares of the exchange traded fund’s stock, valued at approximately $9,965,000. iShares Russell 2000 Growth ETF accounts for approximately 4.0% of FSA Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position.

Several other institutional investors have also recently bought and sold shares of IWO. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 28,721.3% during the second quarter. Strategic Financial Concepts LLC now owns 774,141 shares of the exchange traded fund’s stock valued at $2,032,000 after acquiring an additional 771,455 shares during the period. International Assets Investment Management LLC raised its holdings in iShares Russell 2000 Growth ETF by 16,238.9% during the 3rd quarter. International Assets Investment Management LLC now owns 258,972 shares of the exchange traded fund’s stock worth $73,548,000 after purchasing an additional 257,387 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in iShares Russell 2000 Growth ETF by 128.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock worth $100,838,000 after purchasing an additional 199,699 shares during the last quarter. Johns Hopkins University acquired a new position in iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $27,062,000. Finally, LPL Financial LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 25.5% in the 3rd quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock valued at $138,840,000 after purchasing an additional 99,373 shares during the last quarter.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA:IWO opened at $315.36 on Friday. The stock has a market cap of $13.15 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. The company has a 50 day moving average of $292.38 and a 200-day moving average of $277.32. iShares Russell 2000 Growth ETF has a one year low of $224.36 and a one year high of $317.62.

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.