Merit Financial Group LLC Acquires 1,998 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Merit Financial Group LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWOFree Report) by 169.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,179 shares of the exchange traded fund’s stock after purchasing an additional 1,998 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $915,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. PSI Advisors LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. increased its stake in iShares Russell 2000 Growth ETF by 100.0% in the third 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 in the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of iShares Russell 2000 Growth ETF during the 4th quarter worth about $41,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 3rd quarter valued at about $43,000. Finally, Atmos Advisory LLC acquired a new position in iShares Russell 2000 Growth ETF during the 4th quarter worth approximately $44,000.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO opened at $301.78 on Wednesday. The firm has a market cap of $12.58 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 52-week low of $242.63 and a 52-week high of $317.62. The business’s 50 day simple moving average is $299.43 and its two-hundred day simple moving average is $286.20.

About iShares Russell 2000 Growth ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

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