iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,147,399 shares of the company’s stock after selling 70,908 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $295,654,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IWP. Envestnet Asset Management Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after purchasing an additional 93,924 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after acquiring an additional 41,659 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Russell Mid-Cap Growth ETF by 5.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock worth $217,650,000 after acquiring an additional 71,020 shares in the last quarter. Stephens Group Asset Management LLC increased its position in iShares Russell Mid-Cap Growth ETF by 12.6% during the 3rd quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after purchasing an additional 70,933 shares during the period. Finally, Fifth Third Bancorp increased its position in iShares Russell Mid-Cap Growth ETF by 153.0% during the 1st quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after purchasing an additional 309,058 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $122.91 on Friday. The firm has a 50-day simple moving average of $137.37 and a 200-day simple moving average of $137.55. iShares Russell Mid-Cap Growth ETF has a one year low of $122.57 and a one year high of $148.29. The firm has a market cap of $17.28 billion, a P/E ratio of 27.78 and a beta of 1.13.

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.