Wealthfront Advisers LLC Sells 1,418 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Wealthfront Advisers LLC reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,191 shares of the company’s stock after selling 1,418 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,968,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Belpointe Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.8% during the 2nd quarter. Belpointe Asset Management LLC now owns 10,613 shares of the company’s stock valued at $1,472,000 after acquiring an additional 82 shares during the last quarter. Investmark Advisory Group LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 1.5% during the first quarter. Investmark Advisory Group LLC now owns 5,821 shares of the company’s stock worth $684,000 after purchasing an additional 85 shares during the period. Consolidated Portfolio Review Corp grew its holdings in iShares Russell Mid-Cap Growth ETF by 5.0% during the second quarter. Consolidated Portfolio Review Corp now owns 1,882 shares of the company’s stock valued at $261,000 after purchasing an additional 89 shares during the last quarter. WealthCare Investment Partners LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 2.0% during the second quarter. WealthCare Investment Partners LLC now owns 4,541 shares of the company’s stock valued at $636,000 after purchasing an additional 90 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 69.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after buying an additional 94 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 1.7%

NYSEARCA:IWP opened at $140.36 on Friday. The firm has a market capitalization of $20.51 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.60. The firm’s fifty day simple moving average is $142.96 and its 200 day simple moving average is $136.66.

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).