Midwest Professional Planners LTD. Makes New $2.50 Million Investment in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Midwest Professional Planners LTD. purchased a new position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,677 shares of the exchange traded fund’s stock, valued at approximately $2,498,000.

A number of other large investors have also modified their holdings of IWO. Venturi Wealth Management LLC increased its position in iShares Russell 2000 Growth ETF by 303.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 577 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 434 shares during the period. Apollon Wealth Management LLC grew its stake in iShares Russell 2000 Growth ETF by 1.3% in the third quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock valued at $818,000 after purchasing an additional 38 shares in the last quarter. First Heartland Consultants Inc. boosted its stake in shares of iShares Russell 2000 Growth ETF by 17.6% during the 3rd quarter. First Heartland Consultants Inc. now owns 896 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 134 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of iShares Russell 2000 Growth ETF by 5.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,589 shares of the exchange traded fund’s stock worth $451,000 after purchasing an additional 80 shares during the last quarter. Finally, Kovack Advisors Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter worth about $219,000.

iShares Russell 2000 Growth ETF Stock Down 1.7 %

iShares Russell 2000 Growth ETF stock opened at $254.58 on Friday. iShares Russell 2000 Growth ETF has a 12 month low of $242.92 and a 12 month high of $317.62. The business has a 50 day moving average price of $287.30 and a two-hundred day moving average price of $289.46. The stock has a market cap of $10.60 billion, a price-to-earnings ratio of 20.61 and a beta of 1.21.

iShares Russell 2000 Growth ETF 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.