Wealthspire Advisors LLC Sells 131,423 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Wealthspire Advisors LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 48.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 141,603 shares of the company’s stock after selling 131,423 shares during the period. Wealthspire Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $19,391,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of IWP. Investmark Advisory Group LLC raised its position in iShares Russell Mid-Cap Growth ETF by 1.4% in the fourth quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock worth $739,000 after acquiring an additional 74 shares during the period. Willner & Heller LLC raised its position in iShares Russell Mid-Cap Growth ETF by 0.7% in the fourth quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock worth $1,589,000 after acquiring an additional 82 shares during the period. BCGM Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 3.2% in the third quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock worth $382,000 after acquiring an additional 84 shares during the period. Moneco Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 1.0% in the fourth quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after acquiring an additional 85 shares during the period. Finally, Bedel Financial Consulting Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 1.2% in the third quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock worth $1,037,000 after acquiring an additional 86 shares during the period. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Up 0.1%

IWP opened at $140.80 on Friday. The firm’s 50 day simple moving average is $136.97 and its two-hundred day simple moving average is $136.53. The company has a market capitalization of $20.23 billion, a PE ratio of 30.48 and a beta of 1.13. 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.