iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 44,422 shares of the company’s stock after selling 488 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $6,160,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. GC Wealth Management RIA LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $262,000. ERn Financial LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the second quarter valued at $206,000. XY Planning Network Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth about $394,000. GenWealth Group Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $26,668,000. Finally, Southern Capital Advisors LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.7% in the 2nd quarter. Southern Capital Advisors LLC now owns 85,832 shares of the company’s stock worth $11,903,000 after buying an additional 1,425 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.9%

NYSEARCA:IWP opened at $142.53 on Monday. The stock has a 50 day moving average of $141.91 and a two-hundred day moving average of $132.36. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.50. The firm has a market cap of $20.38 billion, a P/E ratio of 30.48 and a beta of 1.10.

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).