865 Shares in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Acquired by Pointe Capital Management LLC

Pointe Capital Management LLC purchased a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 865 shares of the exchange traded fund’s stock, valued at approximately $218,000.

Other hedge funds also recently modified their holdings of the company. Peoples Bank KS purchased a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth about $28,000. Wetzel Investment Advisors Inc. purchased a new position in iShares Russell 2000 Growth ETF during the fourth quarter valued at approximately $31,000. Column Capital Advisors LLC increased its stake in iShares Russell 2000 Growth ETF by 302.5% in the 3rd quarter. Column Capital Advisors LLC now owns 161 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 121 shares during the period. Rocky Mountain Advisers LLC purchased a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth approximately $38,000. Finally, Gradient Investments LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 60.4% during the 4th quarter. Gradient Investments LLC now owns 223 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 84 shares during the period.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA IWO traded up $2.53 during mid-day trading on Friday, reaching $256.87. The company had a trading volume of 266,006 shares, compared to its average volume of 550,081. The stock has a market capitalization of $10.84 billion, a PE ratio of 15.70 and a beta of 1.28. iShares Russell 2000 Growth ETF has a twelve month low of $203.42 and a twelve month high of $273.76. The stock’s 50 day moving average is $260.71 and its 200-day moving average is $244.89.

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.