Janney Montgomery Scott LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 7.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,739 shares of the company’s stock after selling 5,414 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,918,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. White Lighthouse Investment Management Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 5.7% in the second quarter. White Lighthouse Investment Management Inc. now owns 2,704 shares of the company’s stock worth $396,000 after acquiring an additional 147 shares in the last quarter. Cascade Financial Partners LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 21.0% during the 2nd quarter. Cascade Financial Partners LLC now owns 3,123 shares of the company’s stock worth $457,000 after purchasing an additional 543 shares in the last quarter. Investment Partners LTD. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.8% during the 2nd quarter. Investment Partners LTD. now owns 44,284 shares of the company’s stock worth $6,484,000 after purchasing an additional 1,192 shares during the period. BIP Wealth LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth $823,000. Finally, Bryn Mawr Trust Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 48.1% in the 2nd quarter. Bryn Mawr Trust Advisors LLC now owns 21,936 shares of the company’s stock valued at $3,212,000 after purchasing an additional 7,124 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Stock Up 0.1%
Shares of IWP opened at $147.25 on Friday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $147.72. The company has a 50-day simple moving average of $141.21 and a 200-day simple moving average of $137.22. The company has a market capitalization of $21.20 billion, a PE ratio of 30.48 and a beta of 1.12.
iShares Russell Mid-Cap Growth ETF 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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