Rehmann Capital Advisory Group Trims Stake in iShares Russell Mid-Cap Growth ETF $IWP

Rehmann Capital Advisory Group lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 44.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,771 shares of the company’s stock after selling 6,323 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,138,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock worth $725,672,000 after purchasing an additional 69,999 shares during the period. First Command Advisory Services Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 8.0% in the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after purchasing an additional 284,943 shares during the period. LPL Financial LLC raised its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock worth $358,303,000 after purchasing an additional 161,336 shares during the period. Ameriprise Financial Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock worth $350,422,000 after purchasing an additional 26,620 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock worth $336,554,000 after purchasing an additional 12,105 shares during the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $137.92 on Wednesday. The firm has a market capitalization of $19.85 billion, a PE ratio of 30.48 and a beta of 1.12. The business has a 50 day simple moving average of $141.65 and a two-hundred day simple moving average of $137.76. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $148.29.

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.