Janney Montgomery Scott LLC lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 6.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,153 shares of the company’s stock after selling 5,427 shares during the period. Janney Montgomery Scott LLC owned 0.05% of iShares Russell Mid-Cap Growth ETF worth $9,372,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of IWP. CIBC Private Wealth Group LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 103.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after acquiring an additional 667,479 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $91,697,000. First Command Advisory Services Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after purchasing an additional 284,943 shares during the period. Align Financial LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $38,443,000. Finally, BNP Paribas Financial Markets boosted its stake in iShares Russell Mid-Cap Growth ETF by 102.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 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 IWP stock opened at $142.96 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64. The stock has a market cap of $21.05 billion, a PE ratio of 30.48 and a beta of 1.12. The business’s fifty day moving average is $139.60 and its 200-day moving average is $136.91.
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.
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