iShares Russell Mid-Cap Growth ETF $IWP Stock Holdings Reduced by Wescott Financial Advisory Group LLC

Wescott Financial Advisory Group LLC reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 338,238 shares of the company’s stock after selling 10,135 shares during the period. iShares Russell Mid-Cap Growth ETF comprises about 4.3% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 4th largest position. Wescott Financial Advisory Group LLC owned approximately 0.23% of iShares Russell Mid-Cap Growth ETF worth $48,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at approximately $28,000. Abound Wealth Management lifted its stake in iShares Russell Mid-Cap Growth ETF by 223.2% in the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after acquiring an additional 154 shares during the last quarter. Clean Yield Group bought a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter worth approximately $33,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth $34,000. Finally, WFA of San Diego LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $47,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Up 3.5%

IWP stock opened at $135.57 on Friday. The firm has a market cap of $19.89 billion, a PE 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 company has a fifty day simple moving average of $138.78 and a 200 day simple moving average of $140.34.

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.