McAdam LLC Increases Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

McAdam LLC grew its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 19.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,065 shares of the exchange traded fund’s stock after purchasing an additional 1,004 shares during the period. McAdam LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,530,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IWO. Peoples Bank KS purchased a new position in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $28,000. Wetzel Investment Advisors Inc. bought a new stake in iShares Russell 2000 Growth ETF in the fourth quarter worth $31,000. Column Capital Advisors LLC raised its stake in iShares Russell 2000 Growth ETF by 302.5% during the third quarter. Column Capital Advisors LLC now owns 161 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 121 shares in the last quarter. Rocky Mountain Advisers LLC bought a new position in iShares Russell 2000 Growth ETF during the third quarter valued at $38,000. Finally, Gradient Investments LLC grew its position in iShares Russell 2000 Growth ETF by 60.4% in the fourth quarter. Gradient Investments LLC now owns 223 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 84 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

IWO stock traded up $2.01 during midday trading on Monday, reaching $255.10. 192,884 shares of the company traded hands, compared to its average volume of 561,195. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 15.70 and a beta of 1.28. The business has a 50 day moving average of $261.03 and a 200-day moving average of $244.00. iShares Russell 2000 Growth ETF has a 52-week low of $203.42 and a 52-week high of $273.76.

iShares Russell 2000 Growth ETF Profile

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.