Wealth Alliance LLC Trims Stake in iShares Russell Mid-Cap Growth ETF $IWP

Wealth Alliance LLC reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 62.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,614 shares of the company’s stock after selling 4,432 shares during the period. Wealth Alliance LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $335,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AE Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after purchasing an additional 5,971 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 29.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after buying an additional 3,769 shares during the last quarter. BCS Wealth Management bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $2,216,000. Krilogy Financial LLC grew its position in iShares Russell Mid-Cap Growth ETF by 5.7% in the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after purchasing an additional 15,331 shares during the period. Finally, Kelsey Financial LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $3,940,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $136.73 on Monday. The stock has a market capitalization of $19.77 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The business’s fifty day moving average price is $140.84 and its 200-day moving average price is $137.12.

iShares Russell Mid-Cap Growth ETF 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.