iShares Russell 1000 Growth ETF $IWF Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC cut its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 75.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,096 shares of the exchange traded fund’s stock after selling 50,346 shares during the period. iShares Russell 1000 Growth ETF makes up 2.8% of Flaharty Asset Management LLC’s holdings, making the stock its 16th biggest holding. Flaharty Asset Management LLC’s holdings in iShares Russell 1000 Growth ETF were worth $1,950,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IWF. Godsey & Gibb Inc. purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 4th quarter valued at approximately $27,000. Roxbury Financial LLC grew its position in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 162 shares during the period. MBM Wealth Consultants LLC purchased a new position in iShares Russell 1000 Growth ETF in the first quarter worth approximately $28,000. Concord Wealth Partners grew its position in iShares Russell 1000 Growth ETF by 210.0% in the fourth quarter. Concord Wealth Partners now owns 62 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 42 shares during the period. Finally, Richards Merrill & Peterson Inc. increased its stake in iShares Russell 1000 Growth ETF by 76.9% during the first quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 30 shares during the last quarter. 75.33% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Growth ETF Trading Up 0.9%

Shares of IWF opened at $124.60 on Friday. The firm has a market cap of $127.67 billion, a P/E ratio of 33.43 and a beta of 1.17. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The company’s 50-day moving average price is $121.75 and its 200 day moving average price is $117.67.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.