KMG Fiduciary Partners LLC Sells 39,864 Shares of iShares Russell Mid-Cap Growth ETF $IWP

KMG Fiduciary Partners LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 61.2% during the 2nd quarter, Holdings Channel reports. The fund owned 25,255 shares of the company’s stock after selling 39,864 shares during the period. KMG Fiduciary Partners LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,698,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWP. Richards Merrill & Peterson Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $25,000. CNB Bank raised its stake in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after purchasing an additional 158 shares in the last quarter. McIlrath & Eck LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the first quarter valued at $26,000. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $27,000. Finally, Beaird Harris Wealth Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.1%

Shares of NYSEARCA:IWP opened at $144.20 on Tuesday. The firm has a fifty day simple moving average of $140.86 and a two-hundred day simple moving average of $137.02. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64. The stock has a market capitalization of $20.76 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.