Highland Capital Management LLC Trims Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Highland Capital Management LLC cut its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,225 shares of the company’s stock after selling 500 shares during the period. Highland Capital Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,381,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWP. Authentikos Wealth Advisory LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at approximately $29,000. DHJJ Financial Advisors Ltd. acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $30,000. BluePath Capital Management LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $32,000. Indiana Trust & Investment Management CO acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $35,000. Finally, Ambassador Advisors LLC increased its position in iShares Russell Mid-Cap Growth ETF by 198.0% during the 1st quarter. Ambassador Advisors LLC now owns 441 shares of the company’s stock worth $39,000 after purchasing an additional 293 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Up 0.9 %

NYSEARCA IWP opened at $114.11 on Thursday. The business’s 50 day moving average is $109.15 and its two-hundred day moving average is $100.36. iShares Russell Mid-Cap Growth ETF has a 12-month low of $85.24 and a 12-month high of $114.48. The stock has a market capitalization of $15.49 billion, a price-to-earnings ratio of 25.03 and a beta of 1.10.

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).