Western Wealth Management LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 42.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 14,772 shares of the company’s stock after selling 10,677 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,893,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $25,000. CNB Bank lifted its position in iShares Russell Mid-Cap Growth ETF by 478.8% in the 4th quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after acquiring an additional 158 shares in the last quarter. McIlrath & Eck LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth $26,000. Hilton Head Capital Partners LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth $27,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Growth ETF Price Performance
IWP opened at $144.86 on Wednesday. The business’s 50-day moving average price is $140.88 and its two-hundred day moving average price is $137.06. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64. The company has a market capitalization of $20.85 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.
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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