Flaharty Asset Management LLC Trims Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Flaharty Asset Management LLC reduced its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 44.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 27,506 shares of the exchange traded fund’s stock after selling 21,763 shares during the period. iShares Russell 2000 Growth ETF comprises 1.1% of Flaharty Asset Management LLC’s portfolio, making the stock its 27th biggest position. Flaharty Asset Management LLC owned about 0.07% of iShares Russell 2000 Growth ETF worth $8,885,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 20.0% during the first quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock valued at $2,937,000 after purchasing an additional 1,918 shares during the period. Rhumbline Advisers increased its stake in iShares Russell 2000 Growth ETF by 358.6% in the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 581 shares during the period. State Street Corp purchased a new position in iShares Russell 2000 Growth ETF in the 2nd quarter worth about $84,862,000. Sei Investments Co. lifted its holdings in iShares Russell 2000 Growth ETF by 8.7% during the 2nd quarter. Sei Investments Co. now owns 182,224 shares of the exchange traded fund’s stock valued at $52,093,000 after buying an additional 14,563 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in iShares Russell 2000 Growth ETF in the 2nd quarter valued at about $62,237,000. Hedge funds and other institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Price Performance

Shares of IWO stock opened at $363.17 on Thursday. The company has a market capitalization of $14.05 billion, a P/E ratio of 21.86 and a beta of 1.19. The company’s 50-day simple moving average is $339.71 and its two-hundred day simple moving average is $334.52. iShares Russell 2000 Growth ETF has a one year low of $262.24 and a one year high of $375.70.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.