McAdam LLC reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 25.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,997 shares of the company’s stock after selling 12,498 shares during the quarter. McAdam LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,270,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock valued at $725,672,000 after acquiring an additional 69,999 shares during the period. 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 valued at $525,778,000 after purchasing an additional 284,943 shares during the last quarter. LPL Financial LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock valued at $358,303,000 after purchasing an additional 161,336 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock valued at $350,422,000 after purchasing an additional 26,620 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 0.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock valued at $336,554,000 after purchasing an additional 12,105 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Stock Performance
NYSEARCA:IWP opened at $147.25 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $147.72. The firm has a market cap of $21.20 billion, a PE ratio of 30.48 and a beta of 1.12. The business has a 50 day moving average price of $141.21 and a 200-day moving average price of $137.22.
iShares Russell Mid-Cap Growth ETF Company 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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