MAI Capital Management Sells 185 Shares of iShares Russell Mid-Cap Growth ETF $IWP

MAI Capital Management decreased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,079 shares of the company’s stock after selling 185 shares during the period. MAI Capital Management owned about 0.09% of iShares Russell Mid-Cap Growth ETF worth $14,461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 69.6% during the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares during the period. Integrity Financial Corp WA lifted its stake in iShares Russell Mid-Cap Growth ETF by 25.3% during the first quarter. Integrity Financial Corp WA now owns 480 shares of the company’s stock worth $56,000 after purchasing an additional 97 shares during the period. Investmark Advisory Group LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.8% during the fourth quarter. Investmark Advisory Group LLC now owns 5,736 shares of the company’s stock worth $727,000 after purchasing an additional 99 shares during the period. Builder Investment Group Inc. ADV lifted its stake in iShares Russell Mid-Cap Growth ETF by 0.6% during the first quarter. Builder Investment Group Inc. ADV now owns 16,466 shares of the company’s stock worth $1,935,000 after purchasing an additional 100 shares during the period. Finally, Golden State Equity Partners lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.1% during the first quarter. Golden State Equity Partners now owns 9,782 shares of the company’s stock worth $1,149,000 after purchasing an additional 107 shares during the period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.8%

Shares of IWP opened at $142.91 on Monday. The stock has a market cap of $20.44 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $144.17. The company has a 50-day moving average price of $139.92 and a two-hundred day moving average price of $130.04.

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).