Ellerson Group Inc. ADV Sells 15,592 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Ellerson Group Inc. ADV decreased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 72.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,814 shares of the company’s stock after selling 15,592 shares during the period. Ellerson Group Inc. ADV’s holdings in iShares Russell Mid-Cap Growth ETF were worth $796,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWP. Richards Merrill & Peterson Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $25,000. Beaird Harris Wealth Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Imprint Wealth LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $29,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $30,000. Finally, City State Bank bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $139.44 on Tuesday. The company has a market cap of $20.03 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $145.60. The stock has a 50 day moving average of $133.60 and a 200-day moving average of $136.12.

About iShares Russell Mid-Cap Growth ETF

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.