McAdam LLC lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 25.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 35,997 shares of the company’s stock after selling 12,498 shares during the quarter. McAdam LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,270,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the company. BIP Wealth LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $823,000. Bryn Mawr Trust Advisors LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 48.1% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 21,936 shares of the company’s stock valued at $3,212,000 after purchasing an additional 7,124 shares during the period. Processus Wealth & Capital Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 3.4% in the second quarter. Processus Wealth & Capital Management LLC now owns 36,042 shares of the company’s stock valued at $5,277,000 after purchasing an additional 1,175 shares during the period. Annex Advisory Services LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.4% during the 2nd quarter. Annex Advisory Services LLC now owns 6,696 shares of the company’s stock valued at $980,000 after buying an additional 91 shares in the last quarter. Finally, GenWealth Group Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $30,490,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Trading Up 0.1%
IWP opened at $147.25 on Friday. The company has a 50 day moving average of $141.21 and a 200 day moving average of $137.22. The company has a market cap of $21.20 billion, a PE ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $147.72.
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.
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