Concord Investment Counsel Inc. Acquires New Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Concord Investment Counsel Inc. bought a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,507 shares of the exchange traded fund’s stock, valued at approximately $408,000.

A number of other institutional investors also recently modified their holdings of IWO. Fiducient Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the fourth quarter worth $466,000. BOCHK Asset Management Ltd purchased a new stake in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $202,000. Flaharty Asset Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 0.7% during the 4th quarter. Flaharty Asset Management LLC now owns 60,666 shares of the exchange traded fund’s stock valued at $15,301,000 after buying an additional 418 shares during the last quarter. Stonebridge Financial Planning Group LLC grew its stake in shares of iShares Russell 2000 Growth ETF by 94.4% in the 4th quarter. Stonebridge Financial Planning Group LLC now owns 3,260 shares of the exchange traded fund’s stock valued at $822,000 after buying an additional 1,583 shares in the last quarter. Finally, CreativeOne Wealth LLC increased its holdings in iShares Russell 2000 Growth ETF by 291.4% in the fourth quarter. CreativeOne Wealth LLC now owns 6,118 shares of the exchange traded fund’s stock worth $1,543,000 after buying an additional 4,555 shares during the last quarter.

iShares Russell 2000 Growth ETF Price Performance

IWO traded up $3.55 during midday trading on Friday, hitting $276.02. 495,703 shares of the company’s stock traded hands, compared to its average volume of 463,038. The company has a market cap of $11.51 billion, a PE ratio of 16.25 and a beta of 1.31. The stock’s fifty day simple moving average is $262.28 and its 200-day simple moving average is $257.87. iShares Russell 2000 Growth ETF has a one year low of $203.42 and a one year high of $277.91.

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.