Financial Partners Group Inc lowered its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 116,259 shares of the company’s stock after selling 19,302 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for about 1.8% of Financial Partners Group Inc’s investment portfolio, making the stock its 17th biggest holding. Financial Partners Group Inc’s holdings in iShares Russell Mid-Cap Growth ETF were worth $15,771,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in iShares Russell Mid-Cap Growth ETF by 6.6% during the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after purchasing an additional 345,906 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 171.1% during the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after purchasing an additional 3,406,598 shares during the period. First Command Advisory Services Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 80,392.3% during the third quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after purchasing an additional 3,550,122 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock valued at $363,274,000 after purchasing an additional 26,261 shares during the period. Finally, UBS Group AG boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.3% in the fourth quarter. UBS Group AG now owns 2,367,920 shares of the company’s stock valued at $324,263,000 after buying an additional 52,544 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Stock Down 0.7%
iShares Russell Mid-Cap Growth ETF stock opened at $137.39 on Friday. The stock has a market capitalization of $19.74 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The company has a 50 day moving average of $133.07 and a 200-day moving average of $136.56.
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). 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.
See Also
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