Flagship Private Wealth LLC Grows Stock Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Flagship Private Wealth LLC boosted its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 51.6% in the third quarter, Holdings Channel.com reports. The firm owned 6,880 shares of the exchange traded fund’s stock after acquiring an additional 2,343 shares during the quarter. iShares Russell 2000 Growth ETF makes up about 1.0% of Flagship Private Wealth LLC’s holdings, making the stock its 24th largest position. Flagship Private Wealth LLC’s holdings in iShares Russell 2000 Growth ETF were worth $1,954,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. HighMark Wealth Management LLC purchased a new stake in iShares Russell 2000 Growth ETF during the second quarter worth $26,000. Riverview Trust Co purchased a new position in shares of iShares Russell 2000 Growth ETF during the second quarter valued at approximately $28,000. PSI Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth $28,000. GPS Wealth Strategies Group LLC boosted its stake in iShares Russell 2000 Growth ETF by 290.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 87 shares during the last quarter. Finally, Beacon Capital Management LLC grew its holdings in iShares Russell 2000 Growth ETF by 424.0% in the first quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 106 shares during the period.

iShares Russell 2000 Growth ETF Trading Up 1.9 %

IWO stock opened at $290.33 on Wednesday. The stock has a 50-day moving average price of $280.91 and a two-hundred day moving average price of $271.05. The company has a market cap of $12.11 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12-month low of $209.46 and a 12-month high of $293.17.

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.