Commonwealth Equity Services LLC Increases Stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Commonwealth Equity Services LLC increased its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 4.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 697,063 shares of the exchange traded fund’s stock after purchasing an additional 27,706 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Russell 2000 Growth ETF were worth $175,813,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Peoples Bank KS purchased a new position in shares of iShares Russell 2000 Growth ETF during the third quarter valued at $28,000. Wetzel Investment Advisors Inc. purchased a new position in shares of iShares Russell 2000 Growth ETF during the fourth quarter valued at $31,000. Column Capital Advisors LLC grew its stake in iShares Russell 2000 Growth ETF by 302.5% in the third quarter. Column Capital Advisors LLC now owns 161 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 121 shares during the last quarter. Rocky Mountain Advisers LLC purchased a new position in iShares Russell 2000 Growth ETF in the third quarter valued at about $38,000. Finally, Gradient Investments LLC grew its stake in iShares Russell 2000 Growth ETF by 60.4% in the fourth quarter. Gradient Investments LLC now owns 223 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 84 shares during the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

IWO traded up $3.80 on Thursday, hitting $253.38. The company had a trading volume of 193,246 shares, compared to its average volume of 551,784. The stock has a fifty day moving average price of $260.78 and a 200-day moving average price of $244.56. iShares Russell 2000 Growth ETF has a 12-month low of $203.42 and a 12-month high of $273.76. The stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 15.70 and a beta of 1.28.

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.