Focus Financial Network Inc. Decreases Position in iShares Russell Mid-Cap Growth ETF $IWP

Focus Financial Network Inc. decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 27.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,575 shares of the company’s stock after selling 7,291 shares during the period. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,788,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Kingstone Capital Partners Texas LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 744,932.0% during the 2nd 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 in the last quarter. Jones Financial Companies Lllp boosted 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 buying an additional 323,885 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock worth $350,422,000 after buying an additional 26,620 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,990,778 shares of the company’s stock worth $276,081,000 after buying an additional 61,149 shares during the period. Finally, US Bancorp DE raised its holdings in iShares Russell Mid-Cap Growth ETF by 0.7% in the second quarter. US Bancorp DE now owns 1,572,826 shares of the company’s stock valued at $218,120,000 after acquiring an additional 11,655 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Up 1.1%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $138.74 on Friday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60. The company has a market capitalization of $20.28 billion, a P/E ratio of 30.48 and a beta of 1.15. The company has a 50 day moving average of $139.32 and a 200 day moving average of $139.94.

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.