Waverly Advisors LLC Has $19.80 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Waverly Advisors LLC lessened its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 22.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,272 shares of the company’s stock after selling 38,397 shares during the quarter. Waverly Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $19,805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWP. Rossmore Private Capital increased its holdings in iShares Russell Mid-Cap Growth ETF by 126.8% in the fourth quarter. Rossmore Private Capital now owns 12,312 shares of the company’s stock worth $1,686,000 after buying an additional 6,884 shares during the last quarter. Savant Capital LLC increased its position in iShares Russell Mid-Cap Growth ETF by 14.9% in the 4th quarter. Savant Capital LLC now owns 40,138 shares of the company’s stock worth $5,497,000 after buying an additional 5,194 shares during the period. Krilogy Financial LLC increased its position in iShares Russell Mid-Cap Growth ETF by 8.6% during the first quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock worth $41,402,000 after acquiring an additional 24,345 shares during the period. Western Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 84.8% in the fourth quarter. Western Wealth Management LLC now owns 25,449 shares of the company’s stock valued at $3,485,000 after buying an additional 11,677 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 5.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,404,920 shares of the company’s stock valued at $192,390,000 after purchasing an additional 76,721 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $139.44 on Wednesday. The company has a market capitalization of $20.07 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The company has a 50-day moving average of $141.27 and a 200-day moving average of $137.93. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $148.29.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.