Integrated Investment Consultants LLC reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 3.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,231 shares of the company’s stock after selling 5,468 shares during the period. iShares Russell Mid-Cap Growth ETF comprises approximately 4.8% of Integrated Investment Consultants LLC’s investment portfolio, making the stock its 3rd largest position. Integrated Investment Consultants LLC owned 0.12% of iShares Russell Mid-Cap Growth ETF worth $22,451,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Revolve Wealth Partners LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after buying an additional 182 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 59.9% in the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after acquiring an additional 1,074 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $257,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after acquiring an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in iShares Russell Mid-Cap Growth ETF by 17.2% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after acquiring an additional 7,376 shares during the last quarter. 74.49% of the stock is owned by institutional investors.
iShares Russell Mid-Cap Growth ETF Stock Down 0.3%
Shares of IWP opened at $137.04 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $146.64. The business has a 50-day simple moving average of $140.77 and a two-hundred day simple moving average of $136.99. The stock has a market cap of $19.73 billion, a PE ratio of 30.48 and a beta of 1.12.
About iShares Russell Mid-Cap Growth ETF
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.
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