iShares Russell Mid-Cap Growth ETF $IWP Stock Position Cut by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. lowered its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 61,846 shares of the company’s stock after selling 3,853 shares during the period. Summit Wealth Group LLC Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,515,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Walled Lake Planning & Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 4.0% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 5,098 shares of the company’s stock valued at $702,000 after purchasing an additional 195 shares during the period. Stevens Capital Partners raised its position in iShares Russell Mid-Cap Growth ETF by 4.5% during the 3rd quarter. Stevens Capital Partners now owns 67,739 shares of the company’s stock worth $9,326,000 after purchasing an additional 2,887 shares during the last quarter. Vise Technologies Inc. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 62.7% during the 3rd quarter. Vise Technologies Inc. now owns 33,853 shares of the company’s stock worth $4,661,000 after buying an additional 13,051 shares during the period. Investment Partners LTD. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 94.5% during the 3rd quarter. Investment Partners LTD. now owns 86,143 shares of the company’s stock worth $11,860,000 after buying an additional 41,859 shares during the period. Finally, Marin Bay Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $387,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.2%

NYSEARCA IWP opened at $130.10 on Tuesday. The business’s 50-day moving average price is $138.19 and its two-hundred day moving average price is $137.74. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29. The firm has a market capitalization of $18.30 billion, a PE ratio of 30.48 and a beta of 1.13.

iShares Russell Mid-Cap Growth ETF Company Profile

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.