Granahan Investment Management LLC Makes New $1.03 Million Investment in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Granahan Investment Management LLC acquired a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 4th quarter, Holdings Channel.com reports. The firm acquired 3,576 shares of the exchange traded fund’s stock, valued at approximately $1,029,000.

A number of other institutional investors also recently bought and sold shares of the stock. Barclays PLC increased its stake in shares of iShares Russell 2000 Growth ETF by 74.4% in the third quarter. Barclays PLC now owns 180,251 shares of the exchange traded fund’s stock worth $51,192,000 after purchasing an additional 76,870 shares in the last quarter. GAMMA Investing LLC increased its stake in iShares Russell 2000 Growth ETF by 64.2% in the 4th quarter. GAMMA Investing LLC now owns 156 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 61 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Russell 2000 Growth ETF by 0.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 185,408 shares of the exchange traded fund’s stock valued at $52,655,000 after acquiring an additional 518 shares during the period. ST Germain D J Co. Inc. boosted its stake in shares of iShares Russell 2000 Growth ETF by 7.6% in the fourth quarter. ST Germain D J Co. Inc. now owns 1,984 shares of the exchange traded fund’s stock worth $571,000 after acquiring an additional 140 shares during the period. Finally, Fiduciary Alliance LLC raised its stake in iShares Russell 2000 Growth ETF by 3.4% during the 4th quarter. Fiduciary Alliance LLC now owns 1,594 shares of the exchange traded fund’s stock valued at $459,000 after purchasing an additional 52 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

iShares Russell 2000 Growth ETF stock opened at $261.67 on Friday. iShares Russell 2000 Growth ETF has a 1 year low of $219.19 and a 1 year high of $317.62. The firm’s 50 day moving average price is $252.68 and its 200-day moving average price is $280.89. The stock has a market cap of $11.02 billion, a P/E ratio of 20.25 and a beta of 1.16.

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.