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

Flaharty Asset Management LLC decreased its position in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 44.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,506 shares of the exchange traded fund’s stock after selling 21,763 shares during the quarter. iShares Russell 2000 Growth ETF makes up 1.1% of Flaharty Asset Management LLC’s holdings, making the stock its 27th largest holding. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $8,885,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWO. AQR Capital Management LLC lifted its stake in iShares Russell 2000 Growth ETF by 20.0% in the first quarter. AQR Capital Management LLC now owns 11,492 shares of the exchange traded fund’s stock worth $2,937,000 after acquiring an additional 1,918 shares during the period. Rhumbline Advisers grew its holdings in iShares Russell 2000 Growth ETF by 358.6% during the 1st quarter. Rhumbline Advisers now owns 743 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 581 shares in the last quarter. State Street Corp purchased a new position in iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $84,862,000. Sei Investments Co. increased its position 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 purchasing an additional 14,563 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of 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 Stock Performance

Shares of IWO opened at $363.17 on Thursday. The company has a 50 day moving average price of $339.71 and a 200-day moving average price of $334.52. iShares Russell 2000 Growth ETF has a fifty-two week low of $262.24 and a fifty-two week high of $375.70. The stock has a market capitalization of $14.05 billion, a PE 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.