Krilogy Financial LLC Buys New Holdings in iShares Russell 2000 Growth ETF $IWO

Krilogy Financial LLC purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 3,949 shares of the exchange traded fund’s stock, valued at approximately $1,291,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Cloud Capital Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF during the third quarter worth $26,000. First Command Advisory Services Inc. purchased a new stake in iShares Russell 2000 Growth ETF in the 2nd quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth $36,000. Harbor Asset Planning Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $32,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of iShares Russell 2000 Growth ETF during the third quarter valued at about $37,000. 74.88% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Growth ETF Trading Down 2.3%

Shares of IWO stock opened at $331.12 on Friday. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a 12-month low of $219.19 and a 12-month high of $355.34. The stock’s 50-day moving average price is $336.72 and its 200-day moving average price is $322.31.

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.