Northwestern Mutual Wealth Management Co. Acquires 2,625 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,515 shares of the exchange traded fund’s stock after buying an additional 2,625 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell 2000 Growth ETF were worth $41,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC bought a new stake in iShares Russell 2000 Growth ETF in the 1st quarter valued at $26,000. HighMark Wealth Management LLC bought a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth about $26,000. Riverview Trust Co purchased a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter worth about $28,000. GPS Wealth Strategies Group LLC boosted its stake in iShares Russell 2000 Growth ETF by 290.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 87 shares during the last quarter. Finally, Concord Wealth Partners boosted its stake in iShares Russell 2000 Growth ETF by 2,000.0% during the first quarter. Concord Wealth Partners now owns 126 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 120 shares during the last quarter.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $283.42 on Monday. The company has a market cap of $11.82 billion, a price-to-earnings ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1 year low of $203.42 and a 1 year high of $291.61. The stock’s 50 day simple moving average is $274.69 and its two-hundred day simple moving average is $266.61.

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.