Shepherd Financial Partners LLC raised its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Free Report) by 6.4% in the third quarter, HoldingsChannel.com reports. The firm owned 37,953 shares of the exchange traded fund’s stock after purchasing an additional 2,284 shares during the quarter. iShares Russell 2000 Growth ETF accounts for approximately 1.1% of Shepherd Financial Partners LLC’s portfolio, making the stock its 25th biggest holding. Shepherd Financial Partners LLC’s holdings in iShares Russell 2000 Growth ETF were worth $13,545,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. American State Bank Iowa raised its stake in iShares Russell 2000 Growth ETF by 7.8% during the third quarter. American State Bank Iowa now owns 2,638 shares of the exchange traded fund’s stock worth $942,000 after buying an additional 190 shares during the last quarter. StoneX Group Inc. lifted its holdings in iShares Russell 2000 Growth ETF by 144.8% in the third quarter. StoneX Group Inc. now owns 1,978 shares of the exchange traded fund’s stock valued at $706,000 after buying an additional 1,170 shares during the period. Verus Capital Partners LLC lifted its holdings in iShares Russell 2000 Growth ETF by 3.2% in the third quarter. Verus Capital Partners LLC now owns 2,575 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 79 shares during the period. Parallel Advisors LLC lifted its holdings in iShares Russell 2000 Growth ETF by 2.5% in the third quarter. Parallel Advisors LLC now owns 3,517 shares of the exchange traded fund’s stock valued at $1,255,000 after buying an additional 86 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in iShares Russell 2000 Growth ETF by 122.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 11,533 shares of the exchange traded fund’s stock valued at $4,116,000 after buying an additional 6,352 shares during the period. Institutional investors own 74.88% of the company’s stock.
iShares Russell 2000 Growth ETF Trading Up 2.1%
Shares of IWO opened at $343.86 on Friday. The stock has a market capitalization of $13.60 billion, a P/E ratio of 22.48 and a beta of 1.23. The firm’s fifty day simple moving average is $358.46 and its two-hundred day simple moving average is $358.63. iShares Russell 2000 Growth ETF has a 12 month low of $299.64 and a 12 month 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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