Flaharty Asset Management LLC Sells 24,356 Shares of iShares Russell 2000 Growth ETF $IWO

Flaharty Asset Management LLC reduced its holdings in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 91.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,296 shares of the exchange traded fund’s stock after selling 24,356 shares during the period. iShares Russell 2000 Growth ETF comprises about 1.3% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 27th biggest position. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 Growth ETF were worth $888,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. MRA Advisory Group acquired a new position in iShares Russell 2000 Growth ETF in the second quarter worth about $200,000. Apella Capital LLC boosted its holdings in iShares Russell 2000 Growth ETF by 2.6% during the second quarter. Apella Capital LLC now owns 1,667 shares of the exchange traded fund’s stock valued at $643,000 after purchasing an additional 43 shares in the last quarter. Balefire LLC acquired a new stake in iShares Russell 2000 Growth ETF during the second quarter valued at approximately $239,000. Harbor Investment Advisory LLC boosted its holdings in iShares Russell 2000 Growth ETF by 0.5% during the second quarter. Harbor Investment Advisory LLC now owns 18,223 shares of the exchange traded fund’s stock valued at $7,179,000 after purchasing an additional 93 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $1,268,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Trading Up 1.5%

Shares of 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 stock has a 50 day simple moving average of $381.26 and a 200-day simple moving average of $355.65. The stock has a market cap of $15.06 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.