UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $412,000 in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the third quarter, HoldingsChannel.com reports. The firm bought 1,450 shares of the exchange traded fund’s stock, valued at approximately $412,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWO. HighMark Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $26,000. PSI Advisors LLC purchased a new position in iShares Russell 2000 Growth ETF in the third quarter valued at $28,000. Richardson Financial Services Inc. raised 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 buying an additional 72 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $43,000. Finally, SouthState Corp boosted its position in shares of iShares Russell 2000 Growth ETF by 30.0% during the 3rd quarter. SouthState Corp now owns 195 shares of the exchange traded fund’s stock worth $55,000 after acquiring an additional 45 shares in the last quarter.

iShares Russell 2000 Growth ETF Stock Performance

IWO opened at $290.85 on Friday. The business’s 50-day simple moving average is $299.35 and its 200-day simple moving average is $281.47. The company has a market cap of $12.13 billion, a P/E ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a one year low of $237.03 and a one year high of $317.62.

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.