Flaharty Asset Management LLC Has $888,000 Stock Holdings in iShares Russell 2000 Growth ETF $IWO

Flaharty Asset Management LLC decreased its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 91.4% during the 2nd quarter, Holdings Channel reports. The firm owned 2,296 shares of the exchange traded fund’s stock after selling 24,356 shares during the quarter. iShares Russell 2000 Growth ETF makes up 1.3% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 27th biggest holding. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $888,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in IWO. Bank of America Corp DE lifted its holdings in iShares Russell 2000 Growth ETF by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock valued at $1,124,473,000 after purchasing an additional 84,573 shares during the last quarter. Morgan Stanley grew its stake in iShares Russell 2000 Growth ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock worth $846,084,000 after buying an additional 123,413 shares during the last quarter. Barings LLC grew its stake in iShares Russell 2000 Growth ETF by 2.0% during the fourth quarter. Barings LLC now owns 1,657,750 shares of the exchange traded fund’s stock worth $540,012,000 after buying an additional 33,300 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares Russell 2000 Growth ETF by 68.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock worth $312,035,000 after buying an additional 393,686 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares Russell 2000 Growth ETF by 1.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 935,475 shares of the exchange traded fund’s stock worth $293,561,000 after buying an additional 13,806 shares in the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 1.5%

NYSEARCA:IWO opened at $390.16 on Friday. iShares Russell 2000 Growth ETF has a 1 year low of $290.77 and a 1 year high of $396.69. The firm has a 50 day moving average of $381.26 and a 200-day moving average of $355.65. The stock has a market capitalization of $15.06 billion, a P/E ratio of 21.86 and a beta of 1.19.

About iShares Russell 2000 Growth ETF

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.