Bleakley Financial Group LLC Sells 6,926 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Bleakley Financial Group LLC lessened its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,447 shares of the company’s stock after selling 6,926 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,107,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after acquiring an additional 182 shares during the period. AQR Capital Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 59.9% during the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after purchasing an additional 1,074 shares during the period. First Trust Advisors LP bought a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $257,000. Qube Research & Technologies Ltd increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after purchasing an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.2% in the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after purchasing an additional 7,376 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.4%

NYSEARCA IWP opened at $138.37 on Friday. The company’s 50 day moving average is $140.70 and its 200-day moving average is $137.12. 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 cap of $20.29 billion, a P/E 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.