Fifth Third Bancorp Trims Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Fifth Third Bancorp reduced its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 206,409 shares of the company’s stock after selling 5,147 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $29,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of IWP. First Command Advisory Services Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 80,392.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after acquiring an additional 3,550,122 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 171.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after purchasing an additional 3,406,598 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares Russell Mid-Cap Growth ETF by 6.6% in the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after purchasing an additional 345,906 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 25.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,194,862 shares of the company’s stock valued at $170,160,000 after purchasing an additional 238,826 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 21.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,348,494 shares of the company’s stock worth $187,009,000 after purchasing an additional 236,001 shares in the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 1.1%

Shares of NYSEARCA IWP opened at $134.37 on Tuesday. The business has a 50-day simple moving average of $138.38 and a two-hundred day simple moving average of $140.06. 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 cap of $19.71 billion, a P/E ratio of 30.48 and a beta of 1.15.

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.