Global Trust Asset Management LLC Sells 12,419 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Global Trust Asset Management LLC decreased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 90.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,387 shares of the company’s stock after selling 12,419 shares during the period. Global Trust Asset Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $163,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the 4th quarter. Bank of America Corp DE now owns 7,281,997 shares of the company’s stock valued at $922,993,000 after buying an additional 154,005 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares Russell Mid-Cap Growth ETF by 4.2% during the fourth quarter. Wells Fargo & Company MN now owns 5,212,818 shares of the company’s stock worth $660,725,000 after acquiring an additional 212,267 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares Russell Mid-Cap Growth ETF by 3.0% in the fourth quarter. Jones Financial Companies Lllp now owns 4,537,638 shares of the company’s stock valued at $575,146,000 after acquiring an additional 133,265 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 1.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,687,537 shares of the company’s stock valued at $340,645,000 after acquiring an additional 29,499 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 18.8% in the fourth quarter. LPL Financial LLC now owns 2,154,407 shares of the company’s stock worth $273,096,000 after acquiring an additional 340,267 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $134.13 on Wednesday. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $139.68. The firm has a market cap of $18.61 billion, a P/E ratio of 26.67 and a beta of 1.14. The stock’s 50-day moving average is $126.48 and its 200-day moving average is $127.54.

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).