Elm Partners Management LLC Takes Position in iShares Russell 2000 Growth ETF $IWO

Elm Partners Management LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,738 shares of the exchange traded fund’s stock, valued at approximately $556,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWO. Cornerstone Planning Group LLC boosted its holdings in iShares Russell 2000 Growth ETF by 11.8% in the third quarter. Cornerstone Planning Group LLC now owns 730 shares of the exchange traded fund’s stock worth $239,000 after acquiring an additional 77 shares in the last quarter. Droms Strauss Advisors Inc. MO ADV raised its position in shares of iShares Russell 2000 Growth ETF by 8.8% in the 3rd quarter. Droms Strauss Advisors Inc. MO ADV now owns 67,231 shares of the exchange traded fund’s stock worth $21,517,000 after purchasing an additional 5,449 shares during the last quarter. Transcendent Capital Group LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter worth about $1,819,000. Callan Family Office LLC bought a new position in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $231,000. Finally, Heritage Investors Management Corp grew its position in iShares Russell 2000 Growth ETF by 4.6% during the 3rd quarter. Heritage Investors Management Corp now owns 2,821 shares of the exchange traded fund’s stock valued at $903,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $339.46 on Tuesday. The firm has a market cap of $13.60 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $355.34. The firm has a 50-day simple moving average of $335.10 and a two-hundred day simple moving average of $320.28.

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.