Valmark Advisers Inc. Invests $215,000 in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Valmark Advisers Inc. bought a new stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 756 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farmers & Merchants Investments Inc. boosted its position in shares of iShares Russell 2000 Growth ETF by 1.2% in the third quarter. Farmers & Merchants Investments Inc. now owns 17,481 shares of the exchange traded fund’s stock worth $4,965,000 after buying an additional 200 shares during the period. Integrated Advisors Network LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 6.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 4,447 shares of the exchange traded fund’s stock worth $1,263,000 after buying an additional 278 shares during the period. Smithbridge Asset Management Inc. DE grew its holdings in iShares Russell 2000 Growth ETF by 99.6% in the 3rd quarter. Smithbridge Asset Management Inc. DE now owns 2,257 shares of the exchange traded fund’s stock valued at $641,000 after buying an additional 1,126 shares during the last quarter. Family Investment Center Inc. acquired a new stake in iShares Russell 2000 Growth ETF in the 3rd quarter worth $208,000. Finally, Pointe Capital Management LLC increased its position in shares of iShares Russell 2000 Growth ETF by 75.4% during the third quarter. Pointe Capital Management LLC now owns 3,224 shares of the exchange traded fund’s stock valued at $916,000 after purchasing an additional 1,386 shares during the period.

iShares Russell 2000 Growth ETF Price Performance

iShares Russell 2000 Growth ETF stock opened at $280.44 on Friday. iShares Russell 2000 Growth ETF has a 52-week low of $204.49 and a 52-week high of $293.17. The stock has a fifty day moving average price of $280.57 and a two-hundred day moving average price of $269.94. The firm has a market capitalization of $11.69 billion, a P/E ratio of 16.25 and a beta of 1.31.

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.