Cassaday & Co Wealth Management LLC Raises Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 935,475 shares of the exchange traded fund’s stock after purchasing an additional 13,806 shares during the period. iShares Russell 2000 Growth ETF accounts for 6.3% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $293,561,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Modus Advisors LLC purchased a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $26,000. Strive Financial Group LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth $26,000. Johnson Financial Group Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 500.0% during the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 75 shares during the last quarter. TD Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth $30,000. Finally, Ascentis Independent Advisors purchased a new position in iShares Russell 2000 Growth ETF during the first quarter valued at $32,000. 74.88% of the stock is currently owned by institutional investors.

iShares Russell 2000 Growth ETF Stock Performance

IWO opened at $374.09 on Tuesday. The stock has a market capitalization of $14.61 billion, a price-to-earnings ratio of 21.86 and a beta of 1.18. The company has a fifty day moving average of $379.25 and a 200 day moving average of $351.89. iShares Russell 2000 Growth ETF has a fifty-two week low of $280.35 and a fifty-two week high of $396.69.

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