iShares Russell Mid-Cap Growth ETF $IWP Stake Reduced by LifeWealth Investments LLC

LifeWealth Investments LLC lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 30.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 19,886 shares of the company’s stock after selling 8,676 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 0.8% of LifeWealth Investments LLC’s portfolio, making the stock its 28th largest position. LifeWealth Investments LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,738,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IWP. Krilogy Financial LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 8.6% during the first quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock worth $41,402,000 after purchasing an additional 24,345 shares during the period. Bryn Mawr Trust Advisors LLC increased its position in iShares Russell Mid-Cap Growth ETF by 190.4% in the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock valued at $1,898,000 after buying an additional 9,712 shares in the last quarter. Kestra Private Wealth Services LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 6.4% in the first quarter. Kestra Private Wealth Services LLC now owns 157,268 shares of the company’s stock worth $20,149,000 after acquiring an additional 9,429 shares in the last quarter. Whitaker Myers Wealth Managers LTD. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 7.8% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock valued at $22,610,000 after acquiring an additional 11,127 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $23,113,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Up 1.2%

IWP stock traded up $1.65 during midday trading on Wednesday, reaching $137.32. 236,381 shares of the company’s stock traded hands, compared to its average volume of 869,794. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $148.29. The company has a market cap of $19.33 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The firm’s fifty day moving average price is $140.08 and its 200-day moving average price is $139.26.

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.