Lake Point Wealth Management Invests $60,000 in iShares Russell 2000 Growth ETF (IWO) Stock

Lake Point Wealth Management acquired a new stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 359 shares of the exchange traded fund’s stock, valued at approximately $60,000.

Other institutional investors have also recently made changes to their positions in the company. Westside Investment Management Inc. bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $25,000. Lowe Wealth Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $29,000. Atlas Capital Advisors LLC raised its stake in iShares Russell 2000 Growth ETF by 408.6% in the 4th quarter. Atlas Capital Advisors LLC now owns 178 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 143 shares during the period. Executive Wealth Management LLC bought a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $30,000. Finally, Mckinley Capital Management LLC Delaware raised its stake in iShares Russell 2000 Growth ETF by 144.4% in the 4th quarter. Mckinley Capital Management LLC Delaware now owns 220 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 130 shares during the period.

IWO stock traded down $0.01 during mid-day trading on Friday, reaching $198.06. 2,756,998 shares of the company traded hands, compared to its average volume of 637,411. iShares Russell 2000 Growth ETF has a 52-week low of $156.03 and a 52-week high of $220.82.

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were issued a dividend of $0.3114 per share. This represents a $1.25 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend was Wednesday, March 20th.

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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.

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Institutional Ownership by Quarter for iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

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