First Citizens Asset Management Inc. Sells 8,613 Shares of iShares Russell Mid-Cap Growth ETF $IWP

First Citizens Asset Management Inc. lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,273 shares of the company’s stock after selling 8,613 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 4.1% of First Citizens Asset Management Inc.’s holdings, making the stock its 7th biggest position. First Citizens Asset Management Inc. owned about 0.06% of iShares Russell Mid-Cap Growth ETF worth $11,566,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Intergy Private Wealth LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 4.2% during the 1st quarter. Intergy Private Wealth LLC now owns 26,164 shares of the company’s stock worth $3,352,000 after purchasing an additional 1,048 shares during the last quarter. XML Financial LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 1st quarter. XML Financial LLC now owns 82,563 shares of the company’s stock worth $10,578,000 after purchasing an additional 2,046 shares in the last quarter. Southern Capital Advisors LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 11.8% in the 1st quarter. Southern Capital Advisors LLC now owns 99,763 shares of the company’s stock valued at $12,782,000 after purchasing an additional 10,501 shares during the period. Evolve Private Wealth LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the 1st quarter valued at about $423,000. Finally, Allegheny Financial Group grew its position in shares of iShares Russell Mid-Cap Growth ETF by 3.3% during the 1st quarter. Allegheny Financial Group now owns 17,172 shares of the company’s stock worth $2,200,000 after purchasing an additional 552 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.1%

NYSEARCA IWP opened at $141.77 on Tuesday. The company has a market cap of $20.37 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The company has a 50 day moving average of $138.37 and a 200-day moving average of $136.71. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60.

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.