iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC lessened its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 59.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,734 shares of the company’s stock after selling 5,375 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $478,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Investmark Advisory Group LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.4% in the 4th quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock valued at $739,000 after buying an additional 74 shares during the period. Ameriflex Group Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 14.3% during the fourth quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock worth $83,000 after acquiring an additional 76 shares during the period. Orin Green Financial LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 0.9% in the first quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock worth $1,123,000 after acquiring an additional 80 shares during the last quarter. Moneco Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% in the fourth quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after acquiring an additional 85 shares during the last quarter. Finally, BlueChip Wealth Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 2.4% in the first quarter. BlueChip Wealth Advisors LLC now owns 3,812 shares of the company’s stock valued at $488,000 after acquiring an additional 88 shares during the period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.0%

NYSEARCA:IWP opened at $136.15 on Wednesday. The firm has a market capitalization of $19.69 billion, a PE ratio of 30.48 and a beta of 1.12. The stock has a 50 day moving average of $140.89 and a 200-day moving average of $137.05. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64.

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.