SVB Wealth LLC Has $25.47 Million Holdings in iShares Russell Mid-Cap Growth ETF $IWP

SVB Wealth LLC lessened its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,968 shares of the company’s stock after selling 4,462 shares during the period. iShares Russell Mid-Cap Growth ETF comprises 1.5% of SVB Wealth LLC’s holdings, making the stock its 14th largest holding. SVB Wealth LLC owned 0.13% of iShares Russell Mid-Cap Growth ETF worth $25,466,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. First Command Advisory Services Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after acquiring an additional 3,550,122 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 171.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after acquiring an additional 3,406,598 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $91,697,000. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock worth $794,992,000 after acquiring an additional 345,906 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 102.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after acquiring an additional 253,151 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $137.39 on Monday. The firm has a market capitalization of $19.74 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The firm’s 50 day simple moving average is $133.07 and its 200 day simple moving average is $136.56. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $145.60.

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.