Wealth Management Partners LLC Lowers Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Wealth Management Partners LLC lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.4% in the first quarter, HoldingsChannel.com reports. The firm owned 8,896 shares of the company’s stock after selling 126 shares during the period. Wealth Management Partners LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,045,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWP. Tallon Kerry Patrick purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $1,873,000. Revolve Wealth Partners LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after buying an additional 182 shares during the period. Caprock Group LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $345,000. Stratos Wealth Partners LTD. boosted its position in iShares Russell Mid-Cap Growth ETF by 0.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 38,840 shares of the company’s stock valued at $4,923,000 after buying an additional 267 shares during the period. Finally, Foguth Wealth Management LLC. purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $210,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.1%

Shares of IWP stock opened at $134.99 on Thursday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $139.68. The firm has a 50 day moving average of $122.33 and a two-hundred day moving average of $127.47. The stock has a market capitalization of $18.74 billion, a PE ratio of 26.67 and a beta of 1.14.

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).