Fred Alger Management LLC Has $5.30 Million Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Fred Alger Management LLC raised its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 6,382.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,410 shares of the exchange traded fund’s stock after purchasing an additional 18,126 shares during the period. Fred Alger Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $5,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in shares of iShares Russell 2000 Growth ETF by 3.8% in the 4th quarter. Bank of America Corp DE now owns 3,630,750 shares of the exchange traded fund’s stock worth $1,045,003,000 after acquiring an additional 133,560 shares in the last quarter. Barings LLC increased its holdings in iShares Russell 2000 Growth ETF by 3.5% in the fourth quarter. Barings LLC now owns 1,544,050 shares of the exchange traded fund’s stock worth $444,408,000 after purchasing an additional 51,800 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in iShares Russell 2000 Growth ETF by 1.6% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 891,217 shares of the exchange traded fund’s stock valued at $256,510,000 after buying an additional 13,989 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares Russell 2000 Growth ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 829,236 shares of the exchange traded fund’s stock worth $238,671,000 after buying an additional 103,582 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp grew its position in shares of iShares Russell 2000 Growth ETF by 1,423.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock worth $209,918,000 after buying an additional 681,480 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of iShares Russell 2000 Growth ETF stock opened at $261.67 on Friday. The business has a 50-day simple moving average of $252.68 and a 200 day simple moving average of $280.90. The firm has a market capitalization of $11.02 billion, a price-to-earnings ratio of 20.25 and a beta of 1.16. iShares Russell 2000 Growth ETF has a one year low of $219.19 and a one year high of $317.62.

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.