Compass Capital Management Inc. lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 78.4% during the third quarter, HoldingsChannel.com reports. The firm owned 2,376 shares of the company’s stock after selling 8,614 shares during the period. 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.
A number of other hedge funds also recently made changes to their positions in IWP. Envestnet Asset Management Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after buying an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after buying an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock worth $217,650,000 after buying an additional 71,020 shares during the period. Stephens Group Asset Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 12.6% in the 3rd quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock worth $87,282,000 after buying an additional 70,933 shares during the period. Finally, Rodgers & Associates LTD raised its position in shares of iShares Russell Mid-Cap Growth ETF by 0.8% in the 3rd quarter. Rodgers & Associates LTD now owns 438,988 shares of the company’s stock worth $60,440,000 after buying an additional 3,572 shares during the period. 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 iShares Russell Mid-Cap Growth ETF stock opened at $129.23 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.40 and a twelve month high of $148.29. The stock has a market capitalization of $18.16 billion, a P/E ratio of 27.78 and a beta of 1.13. The business’s fifty day moving average price is $136.04 and its 200 day moving average price is $137.23.
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.
Read More
- Five stocks we like better than iShares Russell Mid-Cap Growth ETF
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report).
Receive News & Ratings for iShares Russell Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
