Lido Advisors LLC Reduces Position in iShares Russell Mid-Cap Growth ETF $IWP

Lido Advisors LLC lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 204,291 shares of the company’s stock after selling 10,281 shares during the period. Lido Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $28,343,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. American Wealth Advisors LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $1,954,000. Concurrent Investment Advisors LLC grew its position in iShares Russell Mid-Cap Growth ETF by 29.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after purchasing an additional 3,769 shares during the last quarter. AE Wealth Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after purchasing an additional 5,971 shares during the last quarter. Johnson Financial Group Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 29.7% during the 3rd quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock worth $6,608,000 after purchasing an additional 10,615 shares during the last quarter. Finally, Congress Asset Management Co. grew its position in iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock worth $62,798,000 after purchasing an additional 248,474 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.8%

NYSEARCA:IWP opened at $143.16 on Friday. The company has a market cap of $20.56 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’s 50 day moving average is $135.52 and its two-hundred day moving average is $136.30.

About iShares Russell Mid-Cap Growth ETF

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.