Icon Wealth Advisors LLC Raises Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Icon Wealth Advisors LLC grew its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 263.5% during the third quarter, Holdings Channel reports. The institutional investor owned 1,661 shares of the exchange traded fund’s stock after buying an additional 1,204 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares Russell 2000 Growth ETF were worth $472,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. HighMark Wealth Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the second quarter worth approximately $26,000. Riverview Trust Co purchased a new stake in iShares Russell 2000 Growth ETF in the 2nd quarter worth $28,000. PSI Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the third quarter valued at about $28,000. GPS Wealth Strategies Group LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 290.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 87 shares in the last quarter. Finally, Beacon Capital Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 424.0% in the first quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 106 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.8 %

NYSEARCA:IWO opened at $310.24 on Friday. The stock has a 50-day moving average price of $289.15 and a 200 day moving average price of $275.39. The stock has a market capitalization of $12.94 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12-month low of $223.13 and a 12-month high of $314.34.

iShares Russell 2000 Growth ETF 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.