iShares Russell Mid-Cap Growth ETF $IWP Stock: Fifth Third Bancorp Reduces Stake

Fifth Third Bancorp lessened its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 471,113 shares of the company’s stock after selling 20,275 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $64,863,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in IWP. Whitaker Myers Wealth Managers LTD. increased its position in iShares Russell Mid-Cap Growth ETF by 7.8% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock worth $22,610,000 after purchasing an additional 11,127 shares during the period. BIP Wealth LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth about $823,000. Kintra Wealth LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 19.3% during the 2nd quarter. Kintra Wealth LLC now owns 40,475 shares of the company’s stock worth $5,954,000 after purchasing an additional 6,547 shares during the last quarter. Corient Private Wealth LP raised its holdings in iShares Russell Mid-Cap Growth ETF by 17.3% during the 2nd quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock worth $23,881,000 after purchasing an additional 24,099 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after purchasing an additional 93,924 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.0%

iShares Russell Mid-Cap Growth ETF stock opened at $130.27 on Friday. The company has a market cap of $18.31 billion, a PE ratio of 27.78 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.40 and a 1 year high of $148.29. The company’s 50-day moving average is $136.25 and its two-hundred day moving average is $137.28.

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.