Financial Partners Group Inc Sells 19,302 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Financial Partners Group Inc trimmed its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 14.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,259 shares of the company’s stock after selling 19,302 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for about 1.8% of Financial Partners Group Inc’s investment portfolio, making the stock its 17th biggest holding. Financial Partners Group Inc owned approximately 0.08% of iShares Russell Mid-Cap Growth ETF worth $15,771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IWP. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $25,000. Beaird Harris Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $29,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $30,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $34,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP opened at $137.39 on Friday. The company has a market cap of $19.74 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The firm has a 50 day simple moving average of $133.07 and a 200 day simple moving average of $136.56. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $145.60.

iShares Russell Mid-Cap Growth ETF Company 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.