iShares Russell Mid-Cap Growth ETF $IWP Position Lessened by Assetmark Inc.

Assetmark Inc. reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 14.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,845 shares of the company’s stock after selling 9,984 shares during the quarter. Assetmark Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,665,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Arcadia Investment Management Corp MI grew its position in shares of iShares Russell Mid-Cap Growth ETF by 0.9% during the second quarter. Arcadia Investment Management Corp MI now owns 8,425 shares of the company’s stock worth $1,168,000 after acquiring an additional 75 shares during the last quarter. PFG Investments LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 2.8% during the 3rd quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock valued at $415,000 after purchasing an additional 80 shares during the period. Breakwater Capital Group boosted its stake in iShares Russell Mid-Cap Growth ETF by 3.6% during the 3rd quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock valued at $338,000 after purchasing an additional 82 shares during the period. Freedom Investment Management Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 2.7% in the 2nd quarter. Freedom Investment Management Inc. now owns 3,617 shares of the company’s stock worth $502,000 after purchasing an additional 94 shares during the last quarter. Finally, Virtue Capital Management LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.1% in the third quarter. Virtue Capital Management LLC now owns 9,375 shares of the company’s stock valued at $1,335,000 after purchasing an additional 99 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Up 1.1%

IWP opened at $134.37 on Tuesday. The business’s 50 day moving average is $138.38 and its 200-day moving average is $140.06. The stock has a market cap of $19.71 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60.

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.