Pacific Life Fund Advisors LLC Sells 45,632 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Pacific Life Fund Advisors LLC reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 606,847 shares of the company’s stock after selling 45,632 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 8.9% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 4th largest holding. Pacific Life Fund Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $77,749,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Investmark Advisory Group LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.4% in the fourth quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock valued at $739,000 after purchasing an additional 74 shares during the last quarter. Ameriflex Group Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 14.3% during the fourth quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock worth $83,000 after buying an additional 76 shares during the last quarter. Orin Green Financial LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 0.9% during the first quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock worth $1,123,000 after buying an additional 80 shares during the last quarter. Willner & Heller LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 0.7% during the 4th quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock worth $1,589,000 after buying an additional 82 shares during the period. Finally, Moneco Advisors LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1.0% during the 4th quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after buying an additional 85 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $142.55 on Monday. The stock has a market cap of $20.90 billion, a PE ratio of 30.48 and a beta of 1.12. The stock has a 50-day moving average of $140.50 and a 200-day moving average of $137.11. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $146.64.

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.