Pointe Capital Management LLC Boosts Stock Holdings in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Pointe Capital Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 75.4% during the third quarter, HoldingsChannel.com reports. The firm owned 3,224 shares of the exchange traded fund’s stock after acquiring an additional 1,386 shares during the period. Pointe Capital Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $916,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. HighMark Wealth Management LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at $26,000. Riverview Trust Co purchased a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at $28,000. PSI Advisors LLC purchased a new position in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at $28,000. GPS Wealth Strategies Group LLC raised its stake in shares of 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 valued at $31,000 after acquiring an additional 87 shares during the period. Finally, Concord Wealth Partners raised its stake in shares of iShares Russell 2000 Growth ETF by 2,000.0% in the 1st quarter. Concord Wealth Partners now owns 126 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 120 shares during the period.

iShares Russell 2000 Growth ETF Stock Down 0.1 %

Shares of IWO stock traded down $0.29 during mid-day trading on Friday, reaching $282.87. The company’s stock had a trading volume of 574,874 shares, compared to its average volume of 445,311. The company’s 50 day simple moving average is $279.74 and its 200-day simple moving average is $269.28. iShares Russell 2000 Growth ETF has a 12-month low of $203.42 and a 12-month high of $293.17. The firm has a market capitalization of $11.80 billion, a PE 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.