Salus Financial Advisors LLC Takes Position in iShares Russell 2000 Growth ETF $IWO

Salus Financial Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the second quarter, Holdings Channel reports. The institutional investor purchased 759 shares of the exchange traded fund’s stock, valued at approximately $217,000.

Other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC bought a new stake in shares of iShares Russell 2000 Growth ETF during the 1st quarter worth $25,000. Harbor Asset Planning Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the second quarter worth about $32,000. Financial Gravity Asset Management Inc. bought a new stake in iShares Russell 2000 Growth ETF in the first quarter worth about $34,000. Dagco Inc. purchased a new position in iShares Russell 2000 Growth ETF in the first quarter valued at about $38,000. Finally, Wealth Preservation Advisors LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the 1st quarter valued at approximately $55,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 1.2%

Shares of IWO stock opened at $324.03 on Monday. The firm has a market cap of $13.14 billion, a P/E ratio of 21.86 and a beta of 1.15. The company has a 50 day moving average of $314.04 and a 200-day moving average of $286.43. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $337.26.

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.