Newton One Investments LLC Boosts Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Newton One Investments LLC grew its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,415 shares of the exchange traded fund’s stock after buying an additional 40 shares during the quarter. iShares Russell 2000 Growth ETF accounts for approximately 0.3% of Newton One Investments LLC’s holdings, making the stock its 22nd biggest holding. Newton One Investments LLC’s holdings in iShares Russell 2000 Growth ETF were worth $695,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. PSI Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF during the third quarter worth $28,000. Armstrong Advisory Group Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth about $41,000. Richardson Financial Services Inc. raised its stake in iShares Russell 2000 Growth ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 72 shares during the last quarter. Voisard Asset Management Group Inc. purchased a new position in iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $43,000. Finally, Atmos Advisory LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $44,000.

iShares Russell 2000 Growth ETF Price Performance

Shares of NYSEARCA IWO opened at $294.01 on Tuesday. The company has a 50-day simple moving average of $298.95 and a 200-day simple moving average of $287.86. The company has a market cap of $12.26 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12 month low of $242.63 and a 12 month high of $317.62.

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.