Oppenheimer Asset Management Inc. Buys New Shares in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Oppenheimer Asset Management Inc. purchased a new position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,564 shares of the exchange traded fund’s stock, valued at approximately $3,904,000.

Several other institutional investors also recently modified their holdings of IWO. CHURCHILL MANAGEMENT Corp grew its holdings in shares of iShares Russell 2000 Growth ETF by 1,423.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 729,339 shares of the exchange traded fund’s stock worth $209,918,000 after acquiring an additional 681,480 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 2000 Growth ETF by 22,494.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 349,989 shares of the exchange traded fund’s stock valued at $100,734,000 after purchasing an additional 348,440 shares during the period. BNP Paribas Financial Markets increased its stake in iShares Russell 2000 Growth ETF by 128.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 355,064 shares of the exchange traded fund’s stock worth $100,838,000 after purchasing an additional 199,699 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Russell 2000 Growth ETF by 45.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 495,559 shares of the exchange traded fund’s stock worth $140,739,000 after buying an additional 154,743 shares during the period. Finally, LPL Financial LLC raised its holdings in iShares Russell 2000 Growth ETF by 25.5% during the 3rd quarter. LPL Financial LLC now owns 488,873 shares of the exchange traded fund’s stock worth $138,840,000 after buying an additional 99,373 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO opened at $276.80 on Friday. The company has a 50-day moving average of $292.41 and a two-hundred day moving average of $290.28. The stock has a market cap of $11.81 billion, a price-to-earnings ratio of 23.69 and a beta of 1.18. iShares Russell 2000 Growth ETF has a one year low of $242.92 and a one year high of $317.62.

iShares Russell 2000 Growth ETF Company 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.