Flaharty Asset Management LLC Has $11.66 Million 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 8.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,643 shares of the exchange traded fund’s stock after selling 4,172 shares during the quarter. iShares Russell 2000 Growth ETF accounts for about 1.7% of Flaharty Asset Management LLC’s holdings, making the stock its 24th biggest position. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $11,663,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IWO. WPG Advisers LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the first quarter valued at about $25,000. Cedar Mountain Advisors LLC grew its holdings in shares of iShares Russell 2000 Growth ETF by 137.5% during the first quarter. Cedar Mountain Advisors LLC now owns 114 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 66 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the first quarter valued at about $34,000. Bernard Wealth Management Corp. grew its holdings in shares of iShares Russell 2000 Growth ETF by 118.5% during the first quarter. Bernard Wealth Management Corp. now owns 142 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 77 shares during the last quarter. Finally, Dagco Inc. acquired a new position in shares of iShares Russell 2000 Growth ETF during the first quarter valued at about $38,000. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Performance

iShares Russell 2000 Growth ETF stock opened at $310.82 on Wednesday. iShares Russell 2000 Growth ETF has a fifty-two week low of $219.19 and a fifty-two week high of $317.62. The stock has a market cap of $12.54 billion, a PE ratio of 21.86 and a beta of 1.15. The firm’s 50-day simple moving average is $297.01 and its 200 day simple moving average is $275.14.

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.