iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Saxon Interests Inc.

Saxon Interests Inc. lowered its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 54.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,243 shares of the company’s stock after selling 13,540 shares during the quarter. Saxon Interests Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,540,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IWP. CIBC Private Wealth Group LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 103.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after purchasing an additional 667,479 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $91,697,000. First Command Advisory Services Inc. increased its stake in iShares Russell Mid-Cap Growth ETF by 8.0% during the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after buying an additional 284,943 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares Russell Mid-Cap Growth ETF by 102.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after buying an additional 253,151 shares in the last quarter. Finally, Congress Asset Management Co. raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 118.3% during the fourth quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after acquiring an additional 248,474 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $140.80 on Friday. The company has a market cap of $20.23 billion, a PE ratio of 30.48 and a beta of 1.13. The stock’s 50 day simple moving average is $136.97 and its 200-day simple moving average is $136.53. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60.

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.