Wrapmanager Inc. Sells 74 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Wrapmanager Inc. lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,597 shares of the company’s stock after selling 74 shares during the period. Wrapmanager Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $370,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV purchased a new position in iShares Russell Mid-Cap Growth ETF during the first quarter worth about $358,000. Virtu Financial LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the first quarter worth about $306,000. WP Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the first quarter worth about $31,000. Ropes Wealth Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 63.7% during the first quarter. Ropes Wealth Advisors LLC now owns 491 shares of the company’s stock worth $67,000 after buying an additional 191 shares during the period. Finally, First Command Bank boosted its stake in iShares Russell Mid-Cap Growth ETF by 6.4% during the first quarter. First Command Bank now owns 3,760 shares of the company’s stock worth $510,000 after buying an additional 225 shares during the period.

IWP stock traded down $3.47 during mid-day trading on Wednesday, hitting $139.84. 5,156 shares of the company were exchanged, compared to its average volume of 462,041. The firm’s fifty day simple moving average is $144.67. iShares Russell Mid-Cap Growth ETF has a 12-month low of $105.97 and a 12-month high of $148.54.

About iShares Russell Mid-Cap Growth ETF

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).

Further Reading: What is the G-20?

Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP).

Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

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