Orion Porfolio Solutions LLC Trims Position in iShares Russell Mid-Cap Growth ETF $IWP

Orion Porfolio Solutions LLC decreased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 25.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 195,024 shares of the company’s stock after selling 67,285 shares during the period. Orion Porfolio Solutions LLC owned approximately 0.13% of iShares Russell Mid-Cap Growth ETF worth $27,773,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Twin Focus Capital Partners LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 174.6% during the 3rd quarter. Twin Focus Capital Partners LLC now owns 4,544 shares of the company’s stock worth $647,000 after acquiring an additional 2,889 shares during the period. American Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $1,954,000. Laffer Tengler Investments Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth $737,000. USAdvisors Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.3% during the third quarter. USAdvisors Wealth Management LLC now owns 29,970 shares of the company’s stock worth $4,268,000 after purchasing an additional 1,780 shares during the period. Finally, Claro Advisors LLC grew its position in iShares Russell Mid-Cap Growth ETF by 8.2% in the 3rd quarter. Claro Advisors LLC now owns 15,532 shares of the company’s stock valued at $2,212,000 after buying an additional 1,177 shares during the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $136.23 on Thursday. The stock has a market capitalization of $19.98 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 company’s fifty day moving average is $137.64 and its two-hundred day moving average is $139.70.

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.