Kingdom Financial Group LLC. Reduces Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Kingdom Financial Group LLC. reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 36.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,603 shares of the company’s stock after selling 4,922 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for about 0.7% of Kingdom Financial Group LLC.’s holdings, making the stock its 25th biggest holding. Kingdom Financial Group LLC.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,225,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $28,000. Abound Wealth Management grew its position in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after acquiring an additional 154 shares during the last quarter. Clean Yield Group acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $33,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $34,000. Finally, Berkshire Money Management Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at $45,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $140.50 on Friday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.60. The stock has a market cap of $20.94 billion, a P/E ratio of 30.48 and a beta of 1.15. The firm has a fifty day moving average price of $138.58 and a 200 day moving average price of $140.54.

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.