AE Wealth Management LLC Purchases 23,188 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

AE Wealth Management LLC increased its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 26.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,969 shares of the exchange traded fund’s stock after purchasing an additional 23,188 shares during the quarter. AE Wealth Management LLC owned 0.27% of iShares Russell 2000 Growth ETF worth $29,396,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in iShares Russell 2000 Growth ETF in the first quarter worth approximately $26,000. HighMark Wealth Management LLC purchased a new stake in iShares Russell 2000 Growth ETF in the second quarter worth approximately $26,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell 2000 Growth ETF in the fourth quarter worth approximately $28,000. Riverview Trust Co purchased a new stake in iShares Russell 2000 Growth ETF in the second quarter worth approximately $28,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in 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 worth $31,000 after purchasing an additional 87 shares during the last quarter.

iShares Russell 2000 Growth ETF Trading Up 2.3 %

Shares of IWO stock opened at $286.04 on Friday. iShares Russell 2000 Growth ETF has a 12-month low of $203.42 and a 12-month high of $291.61. The firm’s 50 day moving average is $274.52 and its 200 day moving average is $265.96. The stock has a market capitalization of $11.93 billion, a P/E ratio of 16.25 and a beta of 1.31.

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.