Oppenheimer & Co. Inc. Buys 511 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Oppenheimer & Co. Inc. raised its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,907 shares of the exchange traded fund’s stock after purchasing an additional 511 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $4,578,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of IWO. Valmark Advisers Inc. bought a new position in iShares Russell 2000 Growth ETF in the third quarter valued at approximately $215,000. Pinnacle Associates Ltd. boosted its stake in shares of iShares Russell 2000 Growth ETF by 24.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 16,726 shares of the exchange traded fund’s stock worth $4,750,000 after acquiring an additional 3,284 shares during the period. Congress Asset Management Co. boosted its stake in shares of iShares Russell 2000 Growth ETF by 25.0% during the 3rd quarter. Congress Asset Management Co. now owns 1,983 shares of the exchange traded fund’s stock worth $563,000 after acquiring an additional 397 shares during the period. Focus Financial Network Inc. boosted its stake in shares of iShares Russell 2000 Growth ETF by 17.2% during the 3rd quarter. Focus Financial Network Inc. now owns 3,009 shares of the exchange traded fund’s stock worth $854,000 after acquiring an additional 441 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 309.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 647 shares of the exchange traded fund’s stock worth $184,000 after acquiring an additional 489 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.2 %

Shares of NYSEARCA IWO opened at $276.80 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $242.92 and a 12 month high of $317.62. The stock has a 50 day moving average of $292.41 and a 200-day moving average of $290.11. The company has a market capitalization of $11.81 billion, a P/E 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.