Pointe Capital Management LLC Grows Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Pointe Capital Management LLC raised its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,323 shares of the exchange traded fund’s stock after purchasing an additional 99 shares during the period. Pointe Capital Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $956,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IWO. Advisor OS LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 3.1% during the 4th quarter. Advisor OS LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $589,000 after buying an additional 61 shares in the last quarter. LGL Partners LLC raised its holdings in iShares Russell 2000 Growth ETF by 0.3% during the fourth quarter. LGL Partners LLC now owns 13,052 shares of the exchange traded fund’s stock valued at $3,757,000 after acquiring an additional 39 shares during the period. Bank of New York Mellon Corp lifted its position in shares of iShares Russell 2000 Growth ETF by 12.2% in the fourth quarter. Bank of New York Mellon Corp now owns 248,354 shares of the exchange traded fund’s stock valued at $71,481,000 after acquiring an additional 27,084 shares in the last quarter. BankPlus Trust Department bought a new position in shares of iShares Russell 2000 Growth ETF in the fourth quarter worth about $164,000. Finally, IFP Advisors Inc boosted its stake in shares of iShares Russell 2000 Growth ETF by 7.5% in the fourth quarter. IFP Advisors Inc now owns 757 shares of the exchange traded fund’s stock worth $218,000 after acquiring an additional 53 shares during the period.

iShares Russell 2000 Growth ETF Trading Down 0.8 %

Shares of IWO opened at $278.21 on Wednesday. The business’s 50 day moving average is $293.64 and its 200 day moving average is $290.10. iShares Russell 2000 Growth ETF has a 12-month low of $242.92 and a 12-month high of $317.62. The company has a market capitalization of $11.87 billion, a PE ratio of 23.69 and a beta of 1.18.

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.