Summa Corp. boosted its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Free Report) by 459.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 8,868 shares of the exchange traded fund’s stock after acquiring an additional 7,283 shares during the quarter. iShares Russell 2000 Growth ETF comprises 0.6% of Summa Corp.’s investment portfolio, making the stock its 20th largest position. Summa Corp.’s holdings in iShares Russell 2000 Growth ETF were worth $3,165,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Latitude Advisors LLC bought a new position in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $28,000. Ascentis Independent Advisors acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 1st quarter valued at about $32,000. Arlington Trust Co LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at about $44,000. MADDEN SECURITIES Corp acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $59,000. Finally, MCF Advisors LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 45.3% in the second quarter. MCF Advisors LLC now owns 199 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 62 shares in the last quarter. 74.88% of the stock is owned by institutional investors and hedge funds.
iShares Russell 2000 Growth ETF Price Performance
Shares of iShares Russell 2000 Growth ETF stock opened at $352.27 on Wednesday. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 22.48 and a beta of 1.23. The stock’s 50-day moving average is $360.86 and its 200-day moving average is $358.66. iShares Russell 2000 Growth ETF has a one year low of $299.64 and a one year high of $396.69.
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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.
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