iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,312 shares of the company’s stock after selling 6,487 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,874,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Financial Gravity Companies Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $28,000. Abound Wealth Management lifted 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 purchasing an additional 154 shares in the last quarter. Clean Yield Group purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at $33,000. Ashton Thomas Securities LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at $34,000. Finally, WFA of San Diego LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $47,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $133.06 on Thursday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $145.60. The company has a market capitalization of $19.52 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The firm’s fifty day moving average price is $138.98 and its 200 day moving average price is $140.44.

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.