Allspring Global Investments Holdings LLC Decreases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Allspring Global Investments Holdings LLC trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 30.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 22,090 shares of the company’s stock after selling 9,782 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,845,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IWP. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $25,000. CNB Bank lifted its holdings in iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $27,000. Beaird Harris Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the period. Finally, Sfam LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $28,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP opened at $136.73 on Friday. The firm has a market cap of $19.78 billion, a PE ratio of 30.48 and a beta of 1.12. The stock has a 50-day moving average price of $140.84 and a 200-day moving average price of $137.14. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64.

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.