Mercer Global Advisors Inc. ADV Has $8.59 Million Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Mercer Global Advisors Inc. ADV increased its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,845 shares of the exchange traded fund’s stock after buying an additional 1,663 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares Russell 2000 Growth ETF were worth $8,590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Destination Wealth Management increased its holdings in iShares Russell 2000 Growth ETF by 5.8% during the 4th quarter. Destination Wealth Management now owns 1,092 shares of the exchange traded fund’s stock worth $314,000 after purchasing an additional 60 shares in the last quarter. Transform Wealth LLC raised its position in 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 buying an additional 38 shares during the last quarter. Atomi Financial Group Inc. bought a new position in iShares Russell 2000 Growth ETF during the 4th quarter valued at $232,000. Caprock Group LLC purchased a new position in iShares Russell 2000 Growth ETF during the 4th quarter worth $294,000. Finally, Spire Wealth Management grew its stake in shares of iShares Russell 2000 Growth ETF by 184.7% in the 4th quarter. Spire Wealth Management now owns 3,103 shares of the exchange traded fund’s stock worth $893,000 after acquiring an additional 2,013 shares in the last quarter.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $261.57 on Friday. The firm has a 50-day moving average of $253.99 and a 200-day moving average of $281.86. iShares Russell 2000 Growth ETF has a one year low of $219.19 and a one year high of $317.62. The company has a market cap of $11.01 billion, a P/E ratio of 20.25 and a beta of 1.16.

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.