US Bancorp DE Lowers Stake in iShares Russell Mid-Cap Growth ETF $IWP

US Bancorp DE reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,567,496 shares of the company’s stock after selling 5,330 shares during the period. US Bancorp DE’s holdings in iShares Russell Mid-Cap Growth ETF were worth $223,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 80,392.3% during the third quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after purchasing an additional 3,550,122 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 171.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after purchasing an additional 3,406,598 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Russell Mid-Cap Growth ETF by 6.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after purchasing an additional 345,906 shares during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 25.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,194,862 shares of the company’s stock worth $170,160,000 after acquiring an additional 238,826 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares Russell Mid-Cap Growth ETF by 21.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,348,494 shares of the company’s stock valued at $187,009,000 after buying an additional 236,001 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $136.22 on Thursday. The stock has a 50 day moving average price of $137.89 and a two-hundred day moving average price of $139.81. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The company has a market capitalization of $19.98 billion, a P/E ratio of 30.48 and a beta of 1.15.

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.