Wealthfront Advisers LLC Sells 1,418 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Wealthfront Advisers LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 14,191 shares of the company’s stock after selling 1,418 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,968,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IWP. Belpointe Asset Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 0.8% in the second quarter. Belpointe Asset Management LLC now owns 10,613 shares of the company’s stock valued at $1,472,000 after acquiring an additional 82 shares during the last quarter. Investmark Advisory Group LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.5% during the 1st quarter. Investmark Advisory Group LLC now owns 5,821 shares of the company’s stock valued at $684,000 after purchasing an additional 85 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 1,882 shares of the company’s stock valued at $261,000 after purchasing an additional 89 shares during the last quarter. WealthCare Investment Partners LLC raised its position in iShares Russell Mid-Cap Growth ETF by 2.0% in the 2nd quarter. WealthCare Investment Partners LLC now owns 4,541 shares of the company’s stock valued at $636,000 after purchasing an additional 90 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 69.6% in the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $140.36 on Friday. The business has a fifty day moving average of $142.96 and a 200-day moving average of $136.66. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60. The firm has a market cap of $20.51 billion, a PE ratio of 30.48 and a beta of 1.15.

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).