Stephens Inc. AR Cuts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Stephens Inc. AR lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 523,361 shares of the company’s stock after selling 26,503 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises approximately 0.8% of Stephens Inc. AR’s holdings, making the stock its 19th biggest holding. Stephens Inc. AR owned approximately 0.36% of iShares Russell Mid-Cap Growth ETF worth $67,066,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Investmark Advisory Group LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.4% in the 4th quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock valued at $739,000 after purchasing an additional 74 shares in the last quarter. Ameriflex Group Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 14.3% during the 4th quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock valued at $83,000 after acquiring an additional 76 shares in the last quarter. Willner & Heller LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 0.7% during the 4th quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock worth $1,589,000 after purchasing an additional 82 shares during the period. Moneco Advisors LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 1.0% during the 4th quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after purchasing an additional 85 shares during the period. Finally, Procyon Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.6% in the 4th quarter. Procyon Advisors LLC now owns 14,508 shares of the company’s stock valued at $1,987,000 after purchasing an additional 86 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $142.96 on Monday. The business’s 50-day moving average is $139.72 and its two-hundred day moving average is $136.94. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $146.64. The firm has a market capitalization of $20.96 billion, a PE ratio of 30.48 and a beta of 1.12.

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.