J.W. Cole Advisors Inc. cut its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,923 shares of the company’s stock after selling 6,389 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,203,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. CIBC Bancorp USA Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $91,697,000. BNP Paribas Financial Markets grew its holdings in iShares Russell Mid-Cap Growth ETF by 102.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after acquiring an additional 253,151 shares in the last quarter. Congress Asset Management Co. grew its holdings in iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock worth $62,798,000 after acquiring an additional 248,474 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 20.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,439,846 shares of the company’s stock worth $197,173,000 after acquiring an additional 244,984 shares in the last quarter. Finally, Washington Trust Bank grew its holdings in iShares Russell Mid-Cap Growth ETF by 934.5% during the 4th quarter. Washington Trust Bank now owns 165,647 shares of the company’s stock worth $22,684,000 after acquiring an additional 149,634 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Growth ETF Price Performance
Shares of iShares Russell Mid-Cap Growth ETF stock opened at $139.23 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $145.60. The firm’s 50-day moving average is $135.69 and its two-hundred day moving average is $136.32. The stock has a market cap of $20.00 billion, a price-to-earnings 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.
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