Kennicott Capital Management LLC Boosts Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Kennicott Capital Management LLC lifted its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,702 shares of the exchange traded fund’s stock after purchasing an additional 196 shares during the quarter. iShares Russell 2000 Growth ETF accounts for about 0.6% of Kennicott Capital Management LLC’s holdings, making the stock its 21st largest holding. Kennicott Capital Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWO. Confluence Wealth Services Inc. lifted its stake in shares of iShares Russell 2000 Growth ETF by 19.7% in the 3rd quarter. Confluence Wealth Services Inc. now owns 5,106 shares of the exchange traded fund’s stock valued at $1,145,000 after acquiring an additional 842 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of iShares Russell 2000 Growth ETF by 168.0% in the 4th quarter. Blue Trust Inc. now owns 453 shares of the exchange traded fund’s stock valued at $114,000 after acquiring an additional 284 shares during the last quarter. Centennial Wealth Advisory LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the 4th quarter valued at about $203,000. Vance Wealth Inc. lifted its stake in shares of iShares Russell 2000 Growth ETF by 1.6% in the 3rd quarter. Vance Wealth Inc. now owns 11,214 shares of the exchange traded fund’s stock valued at $2,514,000 after acquiring an additional 177 shares during the last quarter. Finally, Pathstone Family Office LLC raised its position in iShares Russell 2000 Growth ETF by 5,847.6% during the 3rd quarter. Pathstone Family Office LLC now owns 391,767 shares of the exchange traded fund’s stock valued at $87,815,000 after purchasing an additional 385,180 shares during the last quarter.

iShares Russell 2000 Growth ETF Price Performance

IWO traded up $4.45 during midday trading on Tuesday, reaching $252.37. 389,218 shares of the company’s stock traded hands, compared to its average volume of 577,544. The firm has a fifty day moving average of $261.56 and a two-hundred day moving average of $243.40. The stock has a market capitalization of $10.84 billion, a price-to-earnings ratio of 16.55 and a beta of 1.27. iShares Russell 2000 Growth ETF has a 52 week low of $203.42 and a 52 week high of $273.76.

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.