Midwest Professional Planners LTD. Makes New $3.28 Million Investment in iShares Russell 2000 Growth ETF $IWO

Midwest Professional Planners LTD. bought a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,143 shares of the exchange traded fund’s stock, valued at approximately $3,276,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 2.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 16,461 shares of the exchange traded fund’s stock worth $5,317,000 after buying an additional 464 shares during the period. Csenge Advisory Group boosted its position in shares of iShares Russell 2000 Growth ETF by 25.3% during the fourth quarter. Csenge Advisory Group now owns 1,530 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 309 shares during the period. HighTower Advisors LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 5.9% during the fourth quarter. HighTower Advisors LLC now owns 72,883 shares of the exchange traded fund’s stock worth $23,542,000 after buying an additional 4,090 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 24.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,335 shares of the exchange traded fund’s stock worth $6,568,000 after buying an additional 3,936 shares during the period. Finally, Stronghold Wealth Management L.L.C. purchased a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth $1,697,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 1.2%

IWO opened at $353.23 on Wednesday. iShares Russell 2000 Growth ETF has a 52 week low of $262.24 and a 52 week high of $375.70. The business has a fifty day simple moving average of $338.96 and a 200-day simple moving average of $334.27. The firm has a market cap of $13.67 billion, a P/E ratio of 21.86 and a beta of 1.19.

iShares Russell 2000 Growth ETF Company Profile

(Free Report)

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.

Further Reading

Want to see what other hedge funds are holding IWO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report).

Institutional Ownership by Quarter for iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Receive News & Ratings for iShares Russell 2000 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.