iShares Russell Mid-Cap Growth ETF $IWP Stock Position Trimmed by NewEdge Wealth LLC

NewEdge Wealth LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 59.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,734 shares of the company’s stock after selling 5,375 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $478,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after buying an additional 5,971 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of 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 valued at $2,246,000 after acquiring an additional 3,769 shares during the last quarter. Krilogy Financial LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after acquiring an additional 15,331 shares in the last quarter. BCS Wealth Management bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $2,216,000. Finally, Kelsey Financial LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $3,940,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.0%

Shares of NYSEARCA IWP opened at $136.15 on Wednesday. The stock’s fifty day simple moving average is $140.89 and its 200 day simple moving average is $137.05. The stock has a market capitalization of $19.69 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $146.64.

iShares Russell Mid-Cap Growth ETF Company 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.