Strategic Financial Concepts LLC Raises Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Strategic Financial Concepts LLC lifted its holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 22,494.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 349,989 shares of the exchange traded fund’s stock after purchasing an additional 348,440 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Russell 2000 Growth ETF were worth $100,734,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sanibel Captiva Trust Company Inc. purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth $295,000. Clarius Group LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the third quarter valued at about $204,000. Nvest Financial LLC boosted its holdings in iShares Russell 2000 Growth ETF by 41.8% during the third quarter. Nvest Financial LLC now owns 1,461 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 431 shares in the last quarter. Valeo Financial Advisors LLC grew its position in iShares Russell 2000 Growth ETF by 2.5% during the third quarter. Valeo Financial Advisors LLC now owns 5,751 shares of the exchange traded fund’s stock worth $1,633,000 after buying an additional 142 shares during the period. Finally, Carnegie Investment Counsel grew its position in iShares Russell 2000 Growth ETF by 10.7% during the third quarter. Carnegie Investment Counsel now owns 9,181 shares of the exchange traded fund’s stock worth $2,607,000 after buying an additional 886 shares during the period.

iShares Russell 2000 Growth ETF Trading Down 0.6 %

IWO stock opened at $299.53 on Friday. The firm has a 50 day moving average of $298.00 and a 200-day moving average of $288.21. The company has a market cap of $12.49 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12-month low of $242.92 and a 12-month high of $317.62.

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.