JPMorgan Chase & Co. Decreases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

JPMorgan Chase & Co. trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 17.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 669,575 shares of the company’s stock after selling 142,462 shares during the quarter. JPMorgan Chase & Co. owned 0.47% of iShares Russell Mid-Cap Growth ETF worth $92,857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IWP. Kingstone Capital Partners Texas LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 744,932.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 14,565,376 shares of the company’s stock worth $2,019,926,000 after purchasing an additional 14,563,421 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.1% in the 1st quarter. Jones Financial Companies Lllp now owns 4,861,523 shares of the company’s stock valued at $571,855,000 after acquiring an additional 323,885 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 0.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock valued at $293,472,000 after acquiring an additional 16,694 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,990,778 shares of the company’s stock worth $276,081,000 after acquiring an additional 61,149 shares during the last quarter. Finally, US Bancorp DE increased its stake in iShares Russell Mid-Cap Growth ETF by 0.7% in the 2nd quarter. US Bancorp DE now owns 1,572,826 shares of the company’s stock worth $218,120,000 after purchasing an additional 11,655 shares during the period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $137.74 on Friday. The company has a market capitalization of $20.13 billion, a P/E ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The stock has a 50 day moving average price of $140.72 and a two-hundred day moving average price of $139.23.

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).