Flaharty Asset Management LLC Buys 1,744 Shares of iShares Russell 2000 Growth ETF $IWO

Flaharty Asset Management LLC grew its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 3.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,387 shares of the exchange traded fund’s stock after purchasing an additional 1,744 shares during the quarter. iShares Russell 2000 Growth ETF makes up approximately 2.8% of Flaharty Asset Management LLC’s portfolio, making the stock its 14th largest holding. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $13,546,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IWO. WPG Advisers LLC acquired a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at $25,000. First Command Advisory Services Inc. bought a new stake in iShares Russell 2000 Growth ETF during the second quarter valued at about $27,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the second quarter valued at about $32,000. Dagco Inc. acquired a new stake in shares of iShares Russell 2000 Growth ETF in the first quarter valued at about $38,000. Finally, Wealth Preservation Advisors LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter worth about $55,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Up 0.4%

Shares of NYSEARCA:IWO opened at $312.12 on Friday. The company has a market cap of $12.53 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. The business has a 50 day moving average price of $322.79 and a 200 day moving average price of $297.94. iShares Russell 2000 Growth ETF has a twelve month low of $219.19 and a twelve month high of $337.26.

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.