iShares Russell Mid-Cap Growth ETF $IWP Stock: Compass Capital Management Inc. Cuts Holdings

Compass Capital Management Inc. lessened its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 78.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,376 shares of the company’s stock after selling 8,614 shares during the quarter. Compass Capital Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $327,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. McIlrath & Eck LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at $28,000. Ashton Thomas Securities LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the first quarter valued at $30,000. Laurel Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the third quarter worth about $31,000. Finally, Allied Private Wealth LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $32,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.8%

Shares of NYSEARCA:IWP opened at $129.23 on Friday. The stock’s 50-day moving average price is $136.04 and its two-hundred day moving average price is $137.23. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.40 and a 12-month high of $148.29. The firm has a market cap of $18.16 billion, a price-to-earnings ratio of 27.78 and a beta of 1.13.

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.