Echo45 Advisors LLC Increases Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Echo45 Advisors LLC raised its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.4% during the 1st quarter, HoldingsChannel reports. The firm owned 11,164 shares of the exchange traded fund’s stock after acquiring an additional 47 shares during the quarter. iShares Russell 2000 Growth ETF accounts for about 2.2% of Echo45 Advisors LLC’s portfolio, making the stock its 13th largest position. Echo45 Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $3,023,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at $294,000. O Shaughnessy Asset Management LLC lifted its stake in shares of iShares Russell 2000 Growth ETF by 294.7% in the third quarter. O Shaughnessy Asset Management LLC now owns 2,080 shares of the exchange traded fund’s stock worth $466,000 after acquiring an additional 1,553 shares in the last quarter. Trexquant Investment LP boosted its holdings in iShares Russell 2000 Growth ETF by 61.2% in the third quarter. Trexquant Investment LP now owns 7,710 shares of the exchange traded fund’s stock valued at $1,728,000 after purchasing an additional 2,926 shares during the last quarter. Fred Alger Management LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $310,000. Finally, SRS Capital Advisors Inc. increased its holdings in iShares Russell 2000 Growth ETF by 93.1% during the 3rd quarter. SRS Capital Advisors Inc. now owns 84,222 shares of the exchange traded fund’s stock worth $18,878,000 after purchasing an additional 40,612 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Down 0.7 %

Shares of IWO traded down $1.88 during trading on Monday, reaching $260.65. The company’s stock had a trading volume of 202,863 shares, compared to its average volume of 469,229. iShares Russell 2000 Growth ETF has a twelve month low of $203.42 and a twelve month high of $273.76. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. The company has a fifty day moving average of $260.23 and a two-hundred day moving average of $257.10.

iShares Russell 2000 Growth ETF Company Profile

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.