Sovran Advisors LLC Invests $207,000 in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Sovran Advisors LLC acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 723 shares of the exchange traded fund’s stock, valued at approximately $207,000.

A number of other institutional investors have also modified their holdings of IWO. Arkadios Wealth Advisors raised its holdings in iShares Russell 2000 Growth ETF by 1.6% in the third quarter. Arkadios Wealth Advisors now owns 2,221 shares of the exchange traded fund’s stock valued at $631,000 after buying an additional 36 shares during the period. Diversified Portfolios Inc. raised its stake in shares of iShares Russell 2000 Growth ETF by 2.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 1,555 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 38 shares during the period. Apollon Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 1.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 2,879 shares of the exchange traded fund’s stock valued at $818,000 after acquiring an additional 38 shares in the last quarter. Transform Wealth LLC boosted its position in iShares Russell 2000 Growth ETF by 1.9% during the 4th quarter. Transform Wealth LLC now owns 2,039 shares of the exchange traded fund’s stock worth $587,000 after purchasing an additional 38 shares during the period. Finally, Centennial Wealth Advisory LLC boosted its position in iShares Russell 2000 Growth ETF by 3.1% during the 4th quarter. Centennial Wealth Advisory LLC now owns 1,297 shares of the exchange traded fund’s stock worth $373,000 after purchasing an additional 39 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO opened at $295.67 on Friday. The business’s 50-day moving average is $296.17 and its two-hundred day moving average is $288.69. The firm has a market capitalization of $12.33 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 12 month low of $242.92 and a 12 month high of $317.62.

About iShares Russell 2000 Growth ETF

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.