Bleakley Financial Group LLC Cuts Position in iShares Russell Mid-Cap Growth ETF $IWP

Bleakley Financial Group LLC lessened its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,447 shares of the company’s stock after selling 6,926 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,107,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after acquiring an additional 3,769 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after purchasing an additional 5,971 shares in the last quarter. BCS Wealth Management purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $2,216,000. Krilogy Financial LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after purchasing an additional 15,331 shares during the last quarter. Finally, Congress Asset Management Co. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after purchasing an additional 248,474 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 Stock Down 1.4%

iShares Russell Mid-Cap Growth ETF stock opened at $138.37 on Friday. The company has a market capitalization of $20.29 billion, a PE ratio of 30.48 and a beta of 1.12. The firm has a fifty day simple moving average of $140.70 and a two-hundred day simple moving average of $137.12. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64.

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.