AE Wealth Management LLC Cuts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

AE Wealth Management LLC trimmed its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 46.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,243 shares of the company’s stock after selling 76,458 shares during the period. AE Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,709,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Investment Partners LTD. raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.2% during the 2nd quarter. Investment Partners LTD. now owns 40,415 shares of the company’s stock valued at $5,605,000 after buying an additional 2,371 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in iShares Russell Mid-Cap Growth ETF by 14.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock worth $241,776,000 after acquiring an additional 211,174 shares during the last quarter. DAVENPORT & Co LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 35.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock worth $821,000 after acquiring an additional 1,535 shares during the last quarter. Atlantic Union Bankshares Corp increased its position in shares of iShares Russell Mid-Cap Growth ETF by 212.5% in the second quarter. Atlantic Union Bankshares Corp now owns 19,361 shares of the company’s stock valued at $2,685,000 after acquiring an additional 13,165 shares during the period. Finally, Advyzon Investment Management LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the second quarter valued at about $419,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.5%

iShares Russell Mid-Cap Growth ETF stock opened at $138.08 on Friday. The firm has a market cap of $20.45 billion, a P/E ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.60. The firm has a 50-day moving average of $139.06 and a 200-day moving average of $140.55.

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.